A new online payments provider has just launched in Brazil.
Jumpstart Brazil, which has been localised especially for the Brazilian market, was launched by Emergent Payments earlier this week.
It aims to help retailers targeting Brazil with their online payments by integrating 23 local payment solutions commonly used in the country.
In a statement, Jumpstart Brazil has said it “manages fraud and chargebacks… handles withholding tax issues… optimises conversion rates and reduces costs.”
The Brazilian ecommerce market is worth an estimated 20 billion US dollars and is growing rapidly at a rate of 24% per year.Â
