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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors.

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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. By early 2019, Samsung Pay’s international presence grew to six global regions. has seen slow adoption compared to other regions. has seen slow adoption compared to other regions.

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Why Regional Payment Preferences Matter For Global Subscriptions

PYMNTS

Beyond product and strategy, payment methods come with highly regional preferences. merchants — is assuming everyone uses credit cards for online payments. The primary thing that merchants discover pretty quickly as they start going cross-border is that credit cards aren’t taken everywhere. the use of APIs can help a lot.

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A Guided Tour Of Payments In Latin America

PYMNTS

Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. Another key factor is that over 60 percent of eCommerce in Latin America is done via installments. “If

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Deep Dive: How The COVID-19 Pandemic Is Shifting Latin America’s Open Banking Plans

PYMNTS

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Open Banking And Digital Readiness.

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Closing Latin America’s $350B SMB Trade-Finance Gap

PYMNTS

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In

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Churn And Regional Preferences Challenge Subscription Commerce

PYMNTS

The subscription commerce sector is growing, with Asia-Pacific, Europe and North America-based subscription companies experiencing more than 300 percent growth in subscription sales from 2012 to 2019. Cards get turned off, expire or are lost, consumers move and billing ZIP codes change. Emerging Markets .

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