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This white paper gives an overview of the mobile payments landscape in Latin America. It covers 10 of the biggest countries in the region by population where Fortumo has coverage: Brazil, Mexico, Colombia, Argentina, Venezuela, Peru, Chile, Ecuador, Bolivia and Panama.
With low bank account and payment cards ownership in all Latin American markets, carrier billing has grown to be among the top 3 payment methods for digital content across Latin America. Combined with a growing ownership of smartphones and disposable income (as witnessed also in significant growth of revenue per user), carrier billing is an excellent method of generating additional revenue from Latin America.
From this report, you will find a high-level overview of the digital ecosystem in each country. Additionally, we provide data on carrier billing in the country: money spent per user on digital services as well as pricing dynamics of the market which help you fine-tune your monetization strategy. Payments data is based on merchants using Fortumo’s Web SDK.
If you have any questions about the market report, please contact us at firstname.lastname@example.org.
Fortumo is a mobile payments company that enables direct carrier billing with more than 350 mobile operators in 90+ countries. Fortumo's payment products work across a wide range of platforms including desktop devices, smartphones, feature phones, tablets and smart TV-s. These products give consumers a simple, 1-click payment method to charge online purchases to their phone bill. For app stores, digital media companies and game developers, Fortumo provides one integration with 350 mobile operators as well as a single point of contact for settlements, reporting, support and infrastructure upgrades. Founded in 2007, Fortumo has offices in Estonia, San Francisco, Beijing, Delhi, Singapore & Hanoi and is backed by Intel Capital and Greycroft Partners. For more information, please visit https://fortumo.com.