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Latest Country Survey - South & Central America

Chile Country Survey: November 2015

  • Author: EPI editorial
  • Published: 2 Dec 2015

Chile’s cards and payments industry underwent a transformation during the review period (2010–2014), helped by the entrance of multinational banks, government initiatives such as the financial inclusion programme, and infrastructure modernisation. As cheque use has declined, debit and credit cards have benefited. Government efforts to provide basic banking and financial services to the unbanked helped a large proportion of the population to become banked, which also benefited the industry.. read more

Argentina Country Survey: November 2015

  • Author: EPI editorial
  • Published: 25 Nov 2015

According to the World Bank Global Findex Survey 2014, Argentina has made substantial
progress in terms of financial inclusion, with the percentage of the Argentine population aged 15 or above with a bank account increasing from 33.1% in 2011 to 50.2% in 2014. Although financial inclusion has improved, a significant proportion of the population in the country still does not have access to the formal banking system. read more

Brazil cards and payments boosted by government policy and mobile money

  • Author: EPI editorial
  • Published: 21 Sep 2015

The Brazilian market's openness to competition and its well-developed financial infrastructure makes it one of the most promising payment card markets in Latin America. Consequently, the country has attracted both regional and international banks and card issuers. read more

Brazil lagging behind Colombia, Peru in m-payments

  • Author: Robin Arnfeld
  • Published: 23 Mar 2015

Brazil is one of the first countries in the world to introduce mobile payment regulations, and its government encourages m-payment providers to ensure the interoperability of their services. Yet the Brazilian m-payments market is proving slow to get off the ground and is being outpaced by Colombia and Peru. Robin Arnfield writes. read more

Country Survey: Venezuela

  • Published: 30 Sep 2014

The Venezuelan economy has been faced with challenges over the last few years which have put server strain on the country’s cards and payments sector. Despite this the country has registered good card volume and usage growth with these trends set to continue. read more

Brazilians tap into digital banking but slow 4G rollout hinders uptake

  • Published: 31 Aug 2014

The proportion of Brazilians using digital banking has soared in recent years but wireless technology infrastructure challenges remain an obstacle to the full operation of mobile banking in remote regions. Maryrose Fison reports. read more

Country Survey: Chile

  • Published: 25 Feb 2014

Cards have been massively boosted by the CuentaRut scheme in Chile, providing bank accounts to all citizens. Open an account and getting a card is set to become even easier as the country moves towards branch banking. CI reports. read more

Country Survey: Mexico

  • Published: 3 Feb 2014

A country whose economy has been shortlisted to do particularly well over the next few years, Mexico needs to increase credit and card use to achieve this growth. A good rise on transaction value over the last few years has built a strong base for this. CI reports. read more

Country Survey: Brazil

  • Author: CI editorial
  • Published: 19 Dec 2013

Brazil has moved steadily towards the use of cards and payments, encouraged by the growth in online shopping. The high unbanked sector is expected to further drive the adoption of prepaid cards, CI finds from its latest research.. read more

Foreign e-merchants see profits in Latin America

  • Author: Robin Arnfield
  • Published: 22 Aug 2013

US and European e-merchants are keen to enter the fast-growing Latin American e-commerce market. But they need to be able to accept a multiplicity of online payment methods and cope with complex local tax regulations. Robin Arnfield reports.. read more

Financial institutions and retailers reach out to Mexico's unbanked

  • Author: Robin Arnfield
  • Published: 15 Aug 2013

Mexican banks are using non-bank correspondent agent networks, cellphones, and prepaid cards to reach the country's unbanked consumers, Robin Arnfield reports.. read more

Slow take-off for mobile banking in Latin America

  • Author: Robin Arnfield
  • Published: 29 Jul 2013

Latin America, with its high cellphone penetration and low bancarisation levels, offers huge potential for mobile banking and payment services. But Latin American banks seem to be slow at embracing the opportunity, Robin Arnfield reports. read more

Peru to regulate mobile money issuers

  • Published: 11 Jul 2013

Peru is introducing regulations that will allow non-banks to provide mobile money services to unbanked consumers. The initiative is designed to promote financial inclusion, particularly in rural areas, Robin Arnfield reports.. read more

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