Pagos en Latinoamérica
Cardflo ofrece adquisición local en Latinoamérica, Brasil, México, Colombia, Chile, Argentina, con APM locales nativos y soporte para pagos a plazos.
Monedas
BRL · MXN · COP · CLP · ARS · USD
Métodos de pago locales
Pix, Boleto, OXXO, SPEI, Mercado Pago, PSE
Adquisición
La adquisición local en LATAM es esencial: las tarjetas transfronterizas tienen tasas de aprobación entre un 20% y un 40% más bajas que las nacionales. Cardflo enruta por país emisor a MIDs locales en Brasil, México, Colombia, Chile.
Regulación
Cada país tiene su propio marco (Banco Central de Brasil (Pix), CNBV de México, SFC de Colombia, BCRA de Argentina). Los pagos a plazos (parcelado) son comercialmente esenciales y requieren adquirentes locales.
Market context
Latin America's payments market processes over $1 trillion in card and account-to-account volume annually, with Brazil alone accounting for roughly half. Pix, launched by the Banco Central do Brasil in November 2020, now exceeds 5 billion transactions per month and is the dominant payment rail for sub-R$500 baskets. Mexico's SPEI handles over 4 billion transactions per year. Cash-out vouchers (Boleto, OXXO) still account for 15 to 25% of ecommerce in many segments despite the wallet shift.
Scheme mix
Brazil is dominated by Elo (the domestic scheme) plus Visa and Mastercard. Mexico is roughly 55% Visa, 40% Mastercard with Carnet on top for some debit. Argentina has Cabal and Naranja alongside the global networks, with installment (cuotas) volume often routed exclusively through Mastercard or Visa programmes. Domestic scheme routing is essential for cost on cross-issuer Brazilian volume.
Interchange & fees
Brazilian debit interchange is capped at 0.5% under Central Bank rules, with credit averaging around 1.5%. Installment (parcelado) acquiring carries an additional MDR (Merchant Discount Rate) that scales with installment count, typically 1.5 to 3.5% on top of base interchange. Cross-border interchange on LATAM-issued cards is multiples of domestic, which is why local MIDs are non-negotiable for sustainable margins.
Common challenges
Cross-border BIN routing kills approval rates: Brazilian issuers reject 30 to 50% of foreign-acquirer transactions on subscription. Currency volatility (ARS, COP) requires daily FX repricing for USD-denominated catalogues. Pix and SPEI refunds are merchant-initiated and instant, which changes reconciliation patterns versus card chargebacks.
Recommended setup
- Local MIDs in Brazil (BRL), Mexico (MXN), Colombia (COP) and Chile (CLP) for domestic acquiring
- Pix and Boleto in Brazil, SPEI and OXXO in Mexico, PSE in Colombia at checkout
- Installments (parcelado / cuotas) configured per country with merchant-side or consumer-side cost models
- Cabal, Elo and Naranja scheme support where issuer share justifies it
- Daily FX repricing on USD-denominated catalogues for ARS and COP
Verticales populares en Latinoamérica
Preguntas frecuentes
¿Soportan Pix?
Sí. Pix es el método de pago dominante en Brasil y está disponible en la caja a través de socios adquirentes locales.
¿Puedo ofrecer pagos a plazos (parcelado)?
Sí. Los pagos a plazos se admiten en Brasil, México, Argentina y Colombia a través de adquisición local.
How big is the approval-rate uplift from local versus cross-border acquiring?
On Brazilian, Mexican and Colombian cards, switching from cross-border to local acquiring typically lifts approvals by 20 to 40 percentage points, especially on subscription and high-ticket flows.
Which currencies can I settle in?
Cardflo can settle in local currency (BRL, MXN, COP, CLP, ARS) where the acquirer supports it, or convert to USD for consolidated treasury management.
Are Pix and SPEI refunds handled the same way as card refunds?
No. Pix and SPEI are push-payment rails, so refunds are merchant-initiated transfers rather than reversals of the original authorisation. Cardflo's reconciliation engine treats them as discrete debits and ties them back to the original transaction for accounting.
Do I need a local entity to acquire in Brazil?
Cardflo's Brazilian acquirer partners can settle to either a Brazilian-resident CNPJ or to an offshore entity through a registered fluxo cambial. The latter route is slower and more expensive on FX, so an in-country CNPJ is recommended for material volume.
¿Listo para la velocidad?
Cuéntanos sobre tu negocio. Te pondremos en contacto con los socios adquirentes y la ruta adecuada, normalmente en una semana.