Local payment methods

Latin America Local Payment Methods

Dive deep into Latin America local payment methods with PiedPay.

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Introduction to Payments in Argentina

Argentina Local Payments, DineroMail, is the leading provider of Internet payment solutions in Latin America. Users from Brazil, Mexico, Argentina and Chile can pay by local debit card, credit card, cash payment, bank transfer, or e-wallet (e.g. Boleto Bancario) with no additional fees. If your website wants to sell virtual products such as clothing, shoes, hats or game coins to users in Mexico, Brazil, Argentina and Chile, it is recommended to use DineroMail’s local payment solutions. DineroMail aggregates the most popular payment methods in each market and guarantees zero fraud to its customers, in addition to having a dedicated staff for customer service in each country and market. DineroMail provides online payment services to over 10,000 websites and over 1,000,000 buyers. The main sites that use DineroMail for payments are HabboHoltel.com, Gameforge.com, PaybyCash.com and Google.

Introduction to Payments in Brazil

Boleto - Cash Payments

Boleto is a payment method supported by several Brazilian banks using the Bar Code identification code, which dominates the Brazilian market, and allows customers to authorize bank transfers at any bank or using online banking.Boleto supports more than 50,000 points of sale, including petrol stations, retail outlets, etc. This payment method is fast and easy to use, with no rejections or forgeries once the payment has been made, and is 100% secure in most areas. The payment method is fast, simple, does not generate chargebacks or counterfeiting once the payment is made, is 100% guaranteed to the merchant, and is available in most regions, making boleto the preferred choice of most Brazilian players when choosing their primary payment method.

Other payment options include PINs, which are also similar to boleto’s cash tickets but specialize in supporting larger amounts, these include ePrepag and Paymentez .

Bank transfers

In Brazil, players can also use bank transfers to make payments. The four main banks are Banco do Brasil, Banco Santander, Banco Itaú de Investimento do Brasil, and HSBC. When using these bank transfers, players are required to enter a lot of personal information, such as ID, address, and contact information. This payment method is convenient and safe in Brazil, but these processes take some time and many people are not so willing to make their personal information public.

Credit Cards

Local credit cards are also popular in Brazil, the main ones being Elo, Mercado do Livre, Hiper card, Visa/Mastercard and others. However, many payment providers are unable to offer these methods in addition to in-game international credit card payments, which are limited and hindered in Brazil.

Prepaid cards

“The most important and popular payment method for online games in Brazil are prepaid cards, which are similar to gift cards in the United States. Large and small stores display Brazil’s favorite games (often with graphics or characters displayed on the prepaid card), which players can easily see and buy, quickly paying online. “GoCash and AstroPay are two prepaid cards that are very popular in Brazil. In addition, there are many other cards. In order to meet the needs and preferences of different players, Xsolla believes that it is necessary to increase the number of categories of prepaid card payments.

BoaCompra Payment Introduction

UOL BoaCompra is an electronic payment company of UOL (Brazilian Internet Provider), the number one media group in Latin America. Over the past decade BoaCompra has focused on providing local payment options in emerging markets such as Brazil, Central and Southern United States, and Turkey, where the vast majority of online players, are severely restricted from accessing international credit cards, and thus rely heavily on the use of local payment methods to make online purchases.

BoaCompra also offers its own currency, called Gold, which allows players to make payments online while playing through a simple e-wallet and is available at over 1,500 retail stores nationwide. We currently serve over 3,000+ titles from over 190 game developers and publishers, including Valve, Electronic Arts US, Riot Games, Smile gate, Bigpoint and many more.

For more than a decade, UOL BoaCompra has specialized in providing local payment methods for online games, especially in emerging markets such as Brazil, Central and South America, and Turkey, etc. BoaCompra’s parent company, UOL, owns 70% of Brazilian Internet users, and UOL BoaCompra represents 65% of the Brazilian gaming market, making it No. 1 in Latin America overall.

BoaCompra is the company that has always specialized in the Latin American market and can offer more options than any other company. By providing the most comprehensive coverage of Brazilian companies, our partners are able to achieve greater conversions across the region, while also understanding the local market through our mentoring, marketing, public relations, customer support local expertise, XFire eSports, server hosting and more. And in our core business is Payments, specializing in Game Payments, Marketing, PR, Channels, and eSports, through a one-stop complete solution to make our partners’ games the most successful names in Latin America.

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