TechPayment 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.
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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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.
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.