Cash, Prepaids and E-Wallets in Latin America

In most countries cash is still king and to reach those countries and the un-banked consumer merchants must support many different pre-paid cards. Consumers typically walk into a store and pay the merchant cash to obtain a pre-paid card for that value that can then be used to pay online for merchandise. eWallets allow merchants to link their wallet to many different funding sources, such as credit cards, bank accounts and even pre-paid cards.

Cash, Prepaids and E-Wallets Payment Methods in Latin America in 2017
Method Description Supported Countries
DineroMail is a leading electronic wallet in Latin America for international merchants. Only 20% of Internet users in the Region have access to International credit cards and more than 60% of all e-commerce transactions in Latin America are paid through cash payment alternatives. DineroMail allows consumers to fund their electronic wallet by paying cash at thousands of physical outlets. Argentina, Brazil, Chile, Colombia, Mexico
MoneyGram® International Money Transfer is the fast, convenient and easy way to wire money. Through the MoneyGram international network of more than 55,000 agent locations worldwide, customers around the globe can send money at attractive prices to recipients in more than 155 countries. Funds usually arrive within 10 minutes, its 100% guaranteed, and it costs less than Western Union! Global
PayPal allows members to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With more than 94 million active accounts in 190 markets and 24 currencies around the world, PayPal enables global ecommerce. Global
paysafecard is Europe’s leading prepaid payment method that you can use to pay for items online quickly and easily without having to disclose credit card numbers or bank account related data. paysafecard has more than 300.000 sales outlets in 27 countries in Europe, North America and South America. In 2010, app 35m transactions were made with paysafecard. Argentina, Mexico
Skrill (previously branded as moneybookers™) enables any business or consumer with an email address to securely and cost-effectively send and receive payments online – in real-time! Skrill is one of Europe’s leading digital money companies operating one of the world’s largest independent eWallet platforms on the internet. Global
todito Cash is a distributor of prepaid communications services addressed to the Mexican market. todito Cash can be used for long distance calling, internet access and as a stored value card for online payments. todito Cash is sold as a prepaid card in over 50.000 outlets in Mexico, including 7’11, Oxxo, and elektra stores, as well as at Banco Azteca, HSBC and Telecomm Telegrafos outlets. Mexico
Wallie-card is a prepaid card for payments on the internet and started in the Netherlands in 2003. Since the start of Wallie in 2003 it has become market leader in the Netherlands, Belgium and Latvia and active in Mexico, Spain, France, Germany and UK. In 2009 Wallie started successfully in the USA, Sweden, Germany and Norway. With Wallie-card it is possible to make micropayments online in a safe, simple and anonymous way. The focus areas of Wallie are online gaming, downloads and online communities, with an emphasis in targeting the younger demographic. Mexico
Under its Western Union, Orlandi Valuta and Vigo brands, The Western Union Company provides consumers fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders. Western Union operates through a network of approximately 445,000 Agent locations in 200 countries and territories. Global
Cash is an important method of payment in Latin America. Global
Bitcoin is a cryptocurrency first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it a peer-to-peer, electronic cash system. Read more on CoinLatam.com Global
PagosOnline te permite recibir los pagos de tus clientes por multiples medios. Global
PayU Latam International enables international e-commerce websites to accept local payments in one or more countries of the region, with no need to set up companies or bank accounts in each country. Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru