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Brazil is a diverse market with a significant presence of cash, but it’s seeing rapid adoption of digital payments, particularly mobile wallets and credit cards. Brazil has a large and diversified payment system combining traditional and modern methods. Credit and debit cards are widely used, alongside online banking and electronic transfers. Mobile payments are experiencing rapid growth, reflecting both consumer preferences and government initiatives to promote financial inclusion.

Population

Estimated Population

215 million

Currency

Currency

Brazilian real (BRL)



Popular payment methods