A recent development in South America suggests they are.
Banco do Brasil has begun enabling Brazilian consumers to pay using Pix while in Argentina, with merchants receiving funds in local currency. Pix is Brazil’s instant payment system, allowing individuals and businesses to transfer money in real time, often at lower cost than traditional card payments.
It may seem like a regional update, but the direction is broader.
Local payment methods are starting to move beyond domestic use. For merchants operating across borders, that adds complexity. Card payments remain important, but alternative rails are becoming harder to ignore.
This shift could gradually reduce reliance on traditional cross-border card flows, while increasing pressure on merchants to support local settlement and pricing structures in each market.
The issue is not just adding more options. It is managing cost, settlement, and visibility across them.
This is where many businesses lose control. Pricing structures often remain unchanged while payment mixes shift.
BB Merchant Services supports firms in reviewing these arrangements properly, ensuring payment setups remain cost-efficient as these changes take shape across markets.
How are others adjusting their payment strategy in response to this?
