Payment trends for 2023: boost conversion rates in Brazil | News

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Home > Blog > Insights > Payment trends for 2023: boost conversion rates in Brazil
Tendências em pagamentos para 2023
Tendências em pagamentos para 2023

Payment trends for 2023: boost conversion rates in Brazil

Published on 01/06/2023 - Updated on 05/09/2023

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.

To help you navigate through these changes, we have wrapped up in this e-book the main payment trends for 2023 that will help you boost your sales in Brazil.

 

Payment trends for 2023: what can you expect from this e-book?

In this free downloadable e-book, you will find:

  • Key numbers on Brazilian e-commerce
  • Top payment trends for 2023
  • Tips to increase payment conversion rates in Brazil

Register below to download our e-book and learn all about the payment trends for 2023 in Brazil!

Are you exploring the Brazilian market as much as you can?

In a particular market such as Brazil, a local payment partner is what it takes to meet local market needs. Businesses that don’t partner with a local Payment Service Provider (PSP) run the risk of not attending to regional needs and not exploring Brazil’s digital market to its fullest. In addition, businesses run the risk of facing big challenges with Brazilian bureaucracy and its complex tax landscape.

PagBrasil can help your business overcome these challenges by providing tailored competitive advantages for businesses selling to Brazil, including the best-performing local payment methods and the highest conversion rates for Pix and boleto bancário. All with cutting-edge technology and a robust and scalable platform. Get in touch to learn more. 

 

Paula Martins
Follow @paula_cemartins

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