Omdia and OpenWay Release 'The Changing Face of Latin American Payments' Report

  • Payments
  • 17.12.2020 08:22 pm

Which is more important for banks and fintechs in Latin America – cards or digital wallets? Cloud payment infrastructure or on-premises deployment? Unique offering or fast time to market?

Despite the complexities that COVID-19 brings to the market, 64% of banks and fintechs in the region anticipate increased funding for their projects. The new report by Omdia and OpenWay reveals innovation and investment priorities of payment providers in Argentina, Brazil, Chile, Colombia, Mexico and Peru.
The key findings of the report include:

  • Profitability ranking of 10 issuing and acquiring activities in Latin America
  • Top payment products and services in demand among regional consumers
  • How investments in payments differ between major Latin American countries
  • What technologies speed up digital payment innovations

178 traditional retail banks, neobanks, regulated payment fintechs and processors in Latin America contributed to a survey organized by Omdia and OpenWay in Q3 2020.

The resulting report sheds light on the current attitudes, business objectives, and challenges facing each respondent company, and on the role of investments in payments technology both now and in the future.

To download report, follow the link:

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