Alternative Payments merchants now have access to PIX, a real-time, secure payment system in Brazil, with the launch of DPMaxBrazil. This new offering complements their existing DPMax Open Banking platform and signifies a significant upgrade in the company's reach within Latin America.
In just two years, PIX payments have surged by 22%, accounting for nearly one-third of all online purchases in December 2023, according to Neotrust. Trends indicate that PIX transactions will continue to rise this year, and Alternative Payments aims to bridge US-based merchants to this growing payment solution through DPMaxBrazil.
"After monitoring the spectacular growth of PIX in just a few years, we knew adding this payment system to our Open Banking platform offered our clients a substantial benefit," explained Marjan Boras. "Alternative Payments clients now have the ability to provide a simple, secure, and cost-effective payment method to their Brazilian consumers."
With a population of 215 million people spending upwards of $48 billion online, as reported by ecommerceDB, Brazil represents a key growth market for merchants. Clients partnering with Alternative Payments using DPMaxBrazil can enter or expand in Brazil by providing their customers with safe and seamless transactions in Latin America's most developed e-commerce market.
Alternative Payments draws from its two decades of experience in the industry to offer innovative and expansive payment solutions. The company emphasizes security, reliability, and convenience, making it a trusted partner for US-based businesses aiming to streamline payment processes and enhance customer experiences.
This expansion is particularly important as it provides an opportunity for US merchants to tap into Brazil's burgeoning e-commerce sector. By integrating DPMaxBrazil, businesses can offer their customers a preferred payment method, thereby potentially increasing their market share and revenue in the region.
For more information or to get started with DPMaxBrazil, visit https://merchant.2000charge.com/Account/Register.
