Accepting Payments Across Latin America
Latin America is one of the fastest-growing e-commerce regions in the world but one of the most complex for cross-border payment acceptance. Card penetration varies sharply by country, local payment methods dominate in markets like Brazil and Mexico, and cross-border acquiring involves currency volatility and chargeback rules that differ from US norms. Daystar Payments helps US-based and globally incorporated businesses accept payments from Latin American customers through cross-border card acquiring and local payment method partnerships.
Key Latin American Markets
Brazil: The largest LATAM e-commerce market. Consumers use PIX instant transfers, Boleto Bancario cash vouchers, and installment credit cards (parcelamento). Cross-border card acquiring into Brazil is available for most product categories.
Mexico: Cards, OXXO cash vouchers, and SPEI bank transfers. High-risk merchants face stricter scrutiny from Mexican issuing banks on cross-border transactions.
Colombia, Chile, Argentina, Peru: Growing markets with strong card adoption. Local bank transfer networks complement card acceptance for high-value B2B transactions.
Latin America Payment Processing FAQ
Can US companies accept payments from Latin American customers? Yes. Cross-border card acquiring allows US merchants to accept Visa and Mastercard issued in Latin American countries. Daystar configures acquiring that handles LATAM-issued cards alongside US cards.
Do you support local methods like PIX and Boleto? For businesses with significant Brazilian volume, local payment method integration via a Brazilian acquirer or payment facilitator is the recommended approach. Daystar can structure acquiring that supports both cross-border cards and local Brazilian methods.
What currencies can be settled? Most LATAM cross-border transactions settle in USD. Local currency settlement requires banking through an institution domiciled in the target country.
