Build your business in Brazil with Boleto

Brazil offers huge growth potential for e-commerce businesses.

It represents 60% of LATAM’s e-commerce market and is growing fast, expected to account for 5% of total Brazilian retail sales by 2018. Brazilian shoppers are young, with more than 60% under the age of 30, and tech-savvy, making them an attractive ecommerce target.

For businesses looking to expand into Brazil, It is important to know that a significant proportion of the population prefers to pay with cash-based payment methods, even though they may have bank accounts and/or credit cards. 

Boleto Bancário, commonly known as Boleto, is a cash-based payment method which enables shoppers to pay for online goods by printing a voucher (the Boleto) and then paying in cash at a bank, a participating shop or online.  

Boleto is a secure payment with no risk of fraud and unaffected by credit limits. 

To provide further insight into how Boleto works with mobile and online payments, complete with an illustrated shopper payment flow, we have created the Boleto Payment Method Guide. 

To find out more about Boleto, click on the link below.

If you want to discuss supporting Boleto, please get in touch with your account manager or contact us.

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