Mastercard
With millions of users in Latin America, Mastercard has been adding new features such as
biometrics payments and partnering with local fintechs. However, many of these cards are
backed by local issuers and restricted to local-currency transactions. To offer them at
checkout, PSPs need to work with an acquirer that specializes in Latin American payments.
Specifications
Currencies
Features
Features may vary between countries
How it works
At online checkout, the consumer chooses credit card as the preferred payment method
The consumer enters their card details
After confirming the payment, the consumer may be redirected to their issuing bank for 3DS authentication
The merchant receives confirmation of payment