Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
return to all methods
Bank transfers remain a staple for larger transactions in Brazil, supported by all major banks. In 2023, they accounted for 18% of all digital payments and more than 30% of e-commerce transactions in the country.
Method
Bank Transfer (BR)
LPM Market Share
30%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
112M
Disbursements
No
No
Chargebacks
$25.00
$25.00
