Brazil is the 14th largest market for e-commerce in the world. With revenues of US$15 billion in 2019, Brazil spends more online than the Netherlands. In 2019, 87 million Brazilians shopped online, and more than 50% of purchases were made in international stores. However, to sell online in Brazil, you must be able to offer local processing. 80% of payments in Brazil are made with credit cards that are blocked from making international purchases or using a local cash-based method. Start receiving payments from Brazil.
• Local currency: Real
• 178.5 million online purchases in 2019
• Over 40% of e-commerce purchases are on a mobile device
Boleto payment confirmation in 1 hour (Boleto represents about 25% of online payments)
Installments (80% of all credit card payments in Brazil)
Set up “anticipation” to get paid the full amount by the following day, instead of waiting a month for purchases made in installments
Legal support and advice on local financial regulations
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