Homebound consumers worldwide tapped virtual channels to conduct their grocery and retail shopping or to stream movies, TV and music throughout the pandemic, leading to a boom in virtual streaming and subscription figures. Latin America has seen especially strong growth within this space, with the...
Improved financial services are top-of-mind for many families and individuals in Latin America, and online banking forms the core of many financial institutions’ (FIs’) strategies to deliver these services. A recent survey found that approximately 90% of bank customers throughout the region leverage some form...
Mexican consumers are using their mobile devices to purchase everything from groceries to movie tickets, leading merchants to reassess their payment offerings. In the latest Digitizing Payments In Latin America Playbook, Clip’s Mariano Carranza explains how merchants’ ability to offer payment tools such as mobile...
Latin America’s online banking and payment ecosystem has expanded rapidly since the start of the pandemic, especially within Mexico, where rising rates of smartphone and internet penetration have pushed the adoption of digital wallets and related tools up. While a high portion of the country’s...
Smartphones and the internet have steadily become more ubiquitous in Latin America over the past two years, helping more of the region’s consumers utilize digital channels to shop, pay and consume media. Latin American shoppers who tried online channels for the first time during the pandemic...
Latin American consumers are flocking to new virtual streaming and subscription platforms. In The Global Merchants’ Guide To Latin America, Navdeep Saini, co-founder and CEO of video-as-a-service provider DistroScale explains the importance of streaming media providers to meet the evolving payment preferences and loyalty of...
Digital payments are becoming more common across Latin America as the pandemic’s influence persuades more consumers to head online for everything from banking to entertainment. More consumers are turning to subscription-based services to find engaging, unique online content, with digital subscriptions increasing 32% during the...
Payments firm Ebanx anticipates that it will double its business operations in Mexico for the second consecutive year as it moves to onboard 10 new retailers and launch its first office in the country with an expanded roster of employees. Ebanx co-founder and CEO Joao...
Payments orchestration platform Spreedly says it’s seeing a lot of activity from users in Latin America. The company announced Tuesday (Jan. 11) that transaction volume on its platform from that region had grown by more than 100% year over year. “As one of the world’s...
