Pix, recurring subscriptions, mobile fist, and invisible payments are some of Brazil’s most important payment trends for 2023.
If you started your business anywhere around the early 2000s, remember how challenging it seemed to keep up with all the changes happening through the new millennium? Have you noticed how much your business has adapted since then?
Just so you can have an idea, digital in Brazil went from an emerging industry to Latin America’s largest e-commerce market. In the past ten years, e-commerce revenue went from BRL 22.5 billion in 2012 to BRL 170 billion forecasts in 2022 – representing over 655% growth!
Just like e-commerce, digital payments in Brazil have also evolved. This industry, first predominated by credit and debit cards, in addition to the boleto bancário, now opens space to Pix, Brazil’s instant payment method, along with other solutions.
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