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Payment fragmentation and cross-border expansion in Latin America

PYMNTS says cross-border expansion can slow when each new market and payment method requires a separate integration project.

PYMNTSPY
1 Source, 20d ago, first seen 20d ago

TLDR

PYMNTS says bundling can simplify the integration work that payment fragmentation creates. In its interview, EBANX director of product Sebastian Fantini said it was wrong to treat Latin America as “one single block”: each country has its own payment ecosystem, players, payment methods and maturity level.

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880

1 Source, first seen 20d ago

2 likes1 comments

Combined views

880

1 Source, first seen 20d ago

2 likes1 comments

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1 Source

PYMNTS@pymntsPayment fragmentation can slow x-border expansion when each new market and each new method mean a new integration project. Luckily, bundling things up can simplify it all. That was the topic of our conversation with Sebastian Fantini, director of product at EBANX, who told us: “When we talk about Latin America, it’s quite wrong to treat [it] as one single block. Each country has its own payment ecosystem, players, payment methods, and maturity level as well.” Full sit-down on PYMNTS: https://hubs.ly/Q04xKTpF020d
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    1 Source

    PYMNTS@pymntsPayment fragmentation can slow x-border expansion when each new market and each new method mean a new integration project. Luckily, bundling things up can simplify it all. That was the topic of our conversation with Sebastian Fantini, director of product at EBANX, who told us: “When we talk about Latin America, it’s quite wrong to treat [it] as one single block. Each country has its own payment ecosystem, players, payment methods, and maturity level as well.” Full sit-down on PYMNTS: https://hubs.ly/Q04xKTpF020d
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