Most used e-commerce payment methods in Brazil 2016-2023, with 2027 forecast
In 2023, 40 percent of online purchases in Brazil were bought by credit or charge card, while 16 percent were paid for via wallets. Largely due to the COVID-19 pandemic, checkouts using PostPay fell four percentage points from 2019, accounting for 11 percent of e-commerce spending in this country. This payment system consists of a boleto bancário, a barcoded ticket that can be paid on ATMs, in bank agencies, post offices, lottery agencies, and through internet banking. New in 2022 is the category of A2A, which mostly focuses on the Pix system in Brazil.