Payments across
Latin America & Caribbean.
Local pay-ins and payouts across 14 Latin America & Caribbean markets, where local rails — PIX in Brazil, SPEI in Mexico, cash payment across Central America — carry more volume than cards. One integration, higher acceptance, fast settlement.
How Latin America & Caribbean pays
Latin America runs on local rails built for how customers actually move money, not on cards ported in from elsewhere. Brazil is the clearest case — PIX, the country's instant bank-to-bank rail, clears pay-ins in seconds and is the method Brazilian customers reach for over a card by default. Mexico's bank transfer runs on SPEI, the national real-time settlement system regulated by Banco de México, and works the same way: a direct account-to-account transfer, no card required.
Cash payment remains a working rail across the region — Guatemala clears exclusively on cash payment networks, and Chile, Colombia, Costa Rica, Ecuador, Panama and Peru each pair cash payment alongside bank transfer or cards, covering customers without card access or a linked bank account. Where card infrastructure is established — Argentina, Brazil, Colombia, Costa Rica, El Salvador, Mexico, Panama — Visa and Mastercard clear alongside Apple Pay and Google Pay for wallet checkout.
A merchant should expect the mix to vary market by market rather than assume one regional rail: Bolivia, Paraguay and Uruguay clear on bank transfer alone, while Brazil offers the widest spread of pay-in options in the region. Settlement runs in local currency — BRL, MXN, ARS, COP, CLP among others — with USD applying directly in Ecuador, El Salvador and Panama, all three of which use the US dollar as their official currency.
E-wallets add a further layer in Brazil, Chile, Colombia and Mexico — useful for customers who hold a digital balance but not a linked bank account. They sit alongside bank transfer and cash payment, not instead of them. A PIX transaction, a cash-payment voucher and a card authorization each carry a different risk profile. We route and screen per method, not one model for the whole region.
Latin America & Caribbean markets
Payouts in Latin America & Caribbean
Payouts follow the same local rails as pay-ins in every market — PIX for Brazil, SPEI for Mexico, standard bank transfer or cash payout elsewhere — so funds land through the method customers already use to receive money domestically, without a cross-border wire. A PIX payout clears in seconds; where cash payout is the rail, it lands as a voucher a recipient collects, not a bank credit.
Onboarding tends to hinge on how many of those rails a merchant actually needs. A business selling only into Brazil and Mexico is underwritten against two fast, well-documented rails. One selling across the whole region — Guatemala's cash-only market included — gets reviewed against a wider spread of settlement timing and dispute mechanics, because bank transfer, cash and e-wallet don't behave the same way when something goes wrong.
Frequently asked
Is PIX available outside Brazil?
No — PIX is Brazil's national instant-payment system and is specific to that market. Other Latin America markets clear through their own local bank transfer or cash networks instead.
Do you support cash-based payments?
Yes, in the markets where cash payment is the practical way customers pay — Guatemala clears exclusively this way, and it runs alongside bank transfer or cards in several other Central and South American markets.
Which Latin America markets settle in US dollars?
Ecuador, El Salvador and Panama use USD as their official currency, so settlement there is direct rather than converted from a local unit.