Latin America Payment Gateway Market Size & Outlook
The payment gateway market in Latin America is expected to reach a projected revenue of US$ 24.4 billion by 2033. A compound annual growth rate of 24.2% is expected of Latin America payment gateway market from 2026 to 2033.
The Latin America payment gateway market generated a revenue of USD 4.3 billion in 2025.
The market is expected to grow at a CAGR of 24.2% from 2026 to 2033.
In terms of segment, hosted was the largest revenue generating type in 2025.
Hosted is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
Market revenue in 2025
USD 4.3 billion
Market revenue in 2033
USD 24.4 billion
Growth rate
24.2% (CAGR from 2026 to 2033)
Largest segment
Hosted
Fastest growing segment
Hosted
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD billion
Market segmentation
Hosted, Non-hosted
Key market players worldwide
Adyen NV, Amazon.com Inc, PayPal Holdings Inc, Francisco Partners, JPMorgan Chase & Co
Other key industry trends
In terms of revenue, Latin America region accounted for 9.0% of the global payment gateway market in 2025.
Globally, North America is projected to lead the regional market in terms of revenue in 2033.
Asia Pacific is the fastest growing regional market and is projected to reach USD 62.1 billion by 2033.
In September 2021, Visa announced plans to start accepting crypto payments in Brazil. The company’s plans envisage integrating conventional financial activities with crypto, thereby allowing users to transact using both fiat money and cryptocurrency through the same environment.
The aggressive efforts being pursued by financial service providers to start accepting crypto payments are expected to create new opportunities for the growth of the market over the forecast period.
In Brazil, banks are striking partnerships with technology companies to provide technology-enhanced digital payment solutions to the citizens of Brazil, thereby creating new opportunities for the growth of the market in the country.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Payment Gateway Market Outlook will help companies and investors design strategic landscapes.
Hosted was the largest segment with a revenue share of 72.09% in 2025.
Horizon Databook has segmented the Latin America payment gateway market based on hosted, non-hosted covering the revenue growth of each sub-segment from 2021 to 2033.
In September 2021, Visa announced plans to start accepting crypto payments in Brazil. The company’s plans envisage integrating conventional financial activities with crypto, thereby allowing users to transact using both fiat money and cryptocurrency through the same environment.
The aggressive efforts being pursued by financial service providers to start accepting crypto payments are expected to create new opportunities for the growth of the market over the forecast period.
In Brazil, banks are striking partnerships with technology companies to provide technology-enhanced digital payment solutions to the citizens of Brazil, thereby creating new opportunities for the growth of the market in the country.
Latin America Payment Gateway Market Type Outlook (Revenue, USD Billion , 2021-2033)
Hosted
Non-hosted
Latin America Payment Gateway Market Enterprise Size Outlook (Revenue, USD Billion , 2021-2033)
Large Enterprises
Small & Medium Enterprises
Latin America Payment Gateway Market End Use Outlook (Revenue, USD Billion , 2021-2033)
BFSI
Media & Entertainment
Retail & E-commerce
Travel & Hospitality
Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Payment Gateway Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Payment Gateway Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Payment Gateway Market, 2021-2033 (US$B)