Market Overview
Brazil has undergone a digital payment revolution with Pix, which has facilitated over 25 billion transactions since its launch.
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Population: 217M *
Brazil has continental proportions, and so are the opportunities.
* Source: Worldometers 2024.
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eCommerce: 52B *
Brazilian consumers are used to an ever-evolving eCommerce ecosystem.
* Source: mordorintelligence, 2024
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eShoppers: 108.9M *
Collect payments in local currency without a local entity.
* Source: ebury, 2024
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Internet users: 86.6% *
The largest country in Latin America has also a large internet penetration.
* Source: Datareportal, 2024.
Gain insight into Brazil's most relevant payment methods
- 29% Pix
- 49% Credit Card
- 10% Cash payments
- 8% e-Wallets
- 2% Other
- 1% Debit cards
- 1% Bank Transfer
Most commonly used options
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Mercado Pago
Wallets -
Boleto Bancário
Cash-based payments -
PIX
PIX -
PicPay
Wallets
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Credit and debit cards
Play like a local by offering traditional payment methods.
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Wallets
Learn moreTackle all audiences.
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Cash-based payments
Learn more -
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Bank Transfers
Learn moreCount on a wide variety of options to drive conversion.
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PIX
Learn more -
Latest about Brazil
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How gamers play and pay in emerging markets
Press play on your expansion into Africa, Asia, and Latin America by localizing your payment options.
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PIX - A guide through Brazil’s instant payment system
Brazil's new instant payment system will revolutionize the local payment industry in no time. Get ready for the nation-wide launch coming on November, 16th 2020.
Learn more
The ultimate guide to thrive in Brazil
Learn everything you need to know to grow your eCommerce in Latin America's largest digital payments economy.