Local or Cross-Border Processing: LATAM Case Studies
The eCommerce and mobile commerce markets are growing rapidly in Latin America, making it a prime candidate for expansion for a number of companies. One key consideration for accepting payments in LATAM, however, is the decision to use local processing versus a cross-border approach. This presentation looks at the pluses and minuses of local processing, then proposes a hybrid approach so that cross-border is utilized for specific use cases. Insights on fraud and reconciliation conclude the discussion.