Market Report, "Latin America Payscape 2020", published
The evolving payment landscape in Latin America is unique in a variety of ways and is evolving as more consumers adopt financial services. Weaker economic growth will negatively impact financial service adoption and consumer card payments in the region but only to a limited degree. Momentum from transitioning the unbanked and financially underserved to fully banked, positive government payment policy and penetration of mobile devices all contribute to significant growth over the forecast period.
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