‘Positive measures have led to a payments boom in LATAM’

Positive regulation in Latin America has sparked a payments revolution, with various countries in the region making significant progress in fintech and payments innovation. According to James Stack, head of product at PPRO in Latin America, Brazil’s payment system Pix has set an example for other countries like Colombia and Argentina to follow.

Stack highlights the importance of positive regulation and competition in driving technological advancements in the region. He also points out that European players can learn a few things from Latin America’s approach to payments.

One key prediction for the future is the growth of new and alternative payment methods, as the region continues to embrace innovation in the payments space. With Latin America becoming a hotbed for fintech and payments development, the future looks bright for the industry in the region.