Brazilians made over 36 billion Pix payments in 2023

Brazilians made over 36 billion Pix payments in 2023

While cards remain the most popular online payment method in Brazil, other country-specific payment methods are quickly gaining traction across the country. Specifically, Pix, Brazil’s homegrown real-time payment method is currently used by over 145 million locals, with over 36 billion transactions made in 2023 alone. To this effect, offering local payment methods is crucial for payments success in Brazil. 

Payment type breakdown for Brazilian digital buyers

61%

Credit card 

56%

Debit card

47%

By invoice

42%

Online payment services

36%

Direct debit

20%

Cash on delivery

15%

Cash in advance

9%

Prepaid cards or vouchers

Top countries Brazilian shoppers buy from  

China (2)

China

 

US (2)

United States

 

Japan

Japan

 Popular payment methods 

PIX
ELO (1)
Boleto (1)
Mastercard (2)
Visa (3)

Device preference for online shopping 

66%

Mobile phone

34%

Desktop

Top eCommerce segments in Brazil

Clothes-1

Clothing

Shoes

Shoes

Bags

Bags and accessories 

Healthcare

Drugstore and health products 

Uncover more payment insights for business growth

Discover essential payment insights into Brazil and other sought-after markets in our Global Payments Outlook. Our report delves into local shopper, economic and eCommerce trends for North America, Europe, LATAM, APAC and MENA, unearthing vital opportunities for business expansion.  

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A forward glance at eCommerce in Brazil

75,82

billion eCommerce market size by 2026

50% (2)

of all online payments will be made via account to account payments by 2027

51,5

billion mCommerce market size by 2026

Expand your payments potential for Brazil with emerchantpay

  • Popular local payment methods, including Pix, Elo and Boleto Bancário, allowing your consumers to pay how they choose.  
  • On the ground Account Manager with in-depth knowledge of the Brazilian market and 24/7 technical support to assist with your day-to-day queries.  
  • Value-adding in-house and global acquiring services with a wide range of processing and settlement currencies, to help you accept cross-border payments smoothly.
     

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Expand your payments potential for Brazil with emerchantpay
 

Download your full copy of The Global Payments Outlook