February 26 | 12:30 PM EST
How Latin America's Shifting Political Landscape Will Impact Mining
Expert insights into avoiding or managing 2019 political risk in 6 major jurisdictions
AMI can help your company decide where to invest in payments products and assets by anticipating market trends.
Latin America’s payments landscape is a combination of old and new. Cash remains king, commanding 85% of all transactions. Credit cards have been a highly successful product for issuing banks but penetration is maturing at 25% of households. These days, growth depends on the industry’s ability to penetrate new customer segments and payment verticals. To do so, banks are betting on products like digital wallets, as well as contactless, pre-paid and business cards. But their impetus to innovate has been slow, and competition from non-traditional players is intensifying.
New players ranging from e-commerce merchants to fintech startups to mass market retailers are stepping in to issue cards, launch digital wallets, and offer customers innovative ways to pay. Made-in-LAC gateways are steps ahead of their US competitors at offering local acceptance solutions. Even more disruption is coming as tech giants Amazon, Samsung, Apple, Google and Alibaba increase their penetration in the LAC payments market.
Review AMI case studies from our Payments practice to get a deeper sense of our capabilities.
With so many diverging trends, companies need a clear, objective analysis of what’s happening in the payments industry in Latin America. That is precisely what AMI’s payments practice provides to financial institutions, merchants, payments gateways and others trying to navigate profitably through Latin American markets. With 400+ payments sector consulting engagements conducted in Latin America over the last 20 years, AMI’s payment sector knowledge and experience is unmatched.
Our market intelligence for LatAm payments has spanned a wide array of products, verticals and companies over the past 20 years, including:
regarding payments in LatAm
Tell us about your LatAm payments research needs.
for Improving Your Strategic Planning for Latin America