What are the best crypto payment gateways for merchants in Latin America?

Best crypto payment gateways in Latin America: why a global list falls short

Search for the best crypto payment gateways in Latin America and most lists you find were written for a merchant in the US or Europe. They compare fees and coin counts, and assume your company can open an account with any of them. In the region, that assumption breaks often.

A Latin American merchant has to answer three questions before looking at features:

• Does your company qualify? Where your business is incorporated decides which products you can sign up for. Several of the best-known names only onboard companies from the US or a handful of countries.
• Which currency do you need to end up in? Many businesses in the region already price in dollars and pay suppliers in USDT. If your gateway converts everything to pesos and you then buy dollars back, you pay the spread twice.
• What do your customers hold, and on which network? A balance inside Binance, USDT on one network or another, USDC on Solana or Base. A gateway that can't read your customer's network is a lost sale.

The demand is already there. Chainalysis's Latin America report, published on 23 September 2026, counts $593.8 billion in crypto received by the region in the twelve months to June 2026, up 9.8% year on year. Stablecoins were 32.1% of cross-border value, and five countries account for more than 80% of activity.

Payzum is a non-custodial, stablecoin-first crypto payment processor: payments settle directly to wallets the merchant controls. It is one of the eight options in this guide, and we'll say which merchants it fits and which it doesn't.

The country-by-country context, with dates and sources

The figures come from the Chainalysis report. The rules come from each regulator's official text. Notice who each rule targets: almost all of them regulate the intermediary (the exchange, the payment provider, the bank), not the merchant receiving a payment.

Three practical readings. In Mexico, your bank won't collect USDC for you: Circular 4/2019 explicitly calls for a "sana distancia" (a healthy distance) between virtual assets and the financial system. In Brazil, your customer's exchange applies the rules when money leaves for your wallet, so large tickets will take longer from 2027 (we cover it in what changed on 1 October for businesses selling to Brazilians). In Argentina, the local ecosystem is formalising through the CNV registry, and banks are building their own peso stablecoins, built for treasuries, not for your counter.

What choosing the wrong crypto gateway costs in Latin America

A migration you didn't plan. Coinbase closed the Coinbase Commerce portal on 31 March 2026. Its replacement, Coinbase Business, only accepts US or Singapore companies, so every Latin American merchant that relied on it had to replace its checkout, its webhooks and its customer instructions.

Pesos you convert twice. If you sell in dollars, pay suppliers in USDT or keep savings in dollars, a gateway that settles in local currency forces you to buy dollars back. You lose the spread twice and, where the exchange rate moves fast, you also lose the time the money spends in pesos.

A balance on someone else's platform. With a closed-loop or custodial product, your sales sit in the provider's account until you withdraw them. A compliance review, a change of terms or the provider leaving your country decides when you can touch that money again.

Customers who can't pay. The customer opens their app and the network your checkout asks for isn't there. Or worse, they send on a network your gateway doesn't read. A lot of USDT moves around the region, and not every gateway receives it on the same networks.

Large tickets that stall. A $20,000 B2B invoice paid from a Brazilian exchange crosses the reporting threshold since October 2026 and, from January 2027, the hold threshold. An invoice that expires in 30 minutes won't work for that customer.

Why "we accept crypto" can mean four different things in Latin America

1. A local payment the customer funds with crypto

Several apps in the region offer prepaid cards or QR payments that spend the customer's crypto balance. On the merchant's side, pesos or reais arrive through the usual acquirer or wallet. You integrate nothing, but nothing changes either: same fees and, on cards, the same chargebacks. It's a useful extra, not a crypto gateway.

2. A platform's closed loop

Customer and merchant both hold accounts on the same platform, and the payment moves inside it. That's how Binance describes Binance Pay: an "off-chain closed-loop solution". It's fast and there's no network fee. The money stays in your account on the platform.

3. A custodial provider that pays you out

The customer pays an address the provider controls, and the provider pays you in local currency or in crypto. That's how BitPay, Stripe's stablecoin payments and Coinbase Business work. Bitso Business belongs to this family, but its product is for companies moving money between local currencies and stablecoins, not a checkout for your customers.

4. Non-custodial: the payment lands in your wallet

The payment confirms on-chain directly in a wallet you control. It can be hosted, like Payzum, or self-hosted, like BTCPay Server. NOWPayments and CoinPayments are hybrids: they can forward to your wallet or hold a balance, depending on how you set them up.

Eight crypto payment gateways for Latin American merchants, one by one

We checked each provider's public documentation on 13 October 2026. This isn't a ranking: it's ordered by what each one solves. Third parties are described only with what their own pages say, and fees are left out on purpose because they vary by country, volume and currency.

1. Payzum: best for keeping stablecoins in your own wallet, at the counter and online

Payzum never holds, pools or controls merchant funds. The customer pays from their wallet and the payment settles in yours: the settlement is the payment. It runs on Bitcoin, Ethereum, Solana, Polygon, Base, Arbitrum, Optimism, BNB Chain and Avalanche. If you also accept volatile coins, optional auto-convert to USDC or USDT is available on most supported networks.

At the counter, Payzum POS generates a fresh QR per sale, cashiers sign in with a PIN and any phone works as a terminal, with no acquirer and no chargebacks. Online you get payment links, hosted checkout, invoices with expiry and overpayment detection, and subscriptions. There are 29 official open-source integrations, including WooCommerce, PrestaShop, Magento 2 and Shopify, plus SDKs for Node.js, PHP, Python and Rust. With stablecoin payouts on Polygon, Base, BNB Chain and other EVM networks, you pay suppliers and freelancers from the same dashboard.

Limits to know: Payzum is crypto-only, so it never deposits pesos or reais to a bank. It doesn't run on TRON: a customer holding USDT there has to pay from a supported network such as BNB Chain, Polygon or Solana. There's no plugin for Tiendanube or VTEX; on those stores you collect with payment links or hosted checkout. And your wallet's security is yours. Best for: merchants whose customers already hold USDT or USDC and who spend, save or pay out in digital dollars.

2. Binance Pay: best if your customers already pay from Binance

Binance Pay's merchant page speaks of a community of more than 300 million Binance users and more than 100 accepted cryptocurrencies, including USDT, USDC, BNB, BTC and ETH, with QR payments. Binance describes it as an "off-chain closed-loop solution", and its merchant guide states that Binance Pay doesn't do chargebacks: refunds are initiated by the merchant.

Best for: merchants whose customers keep balances on Binance and pay from the app. The trade-off is the model: the payment stays in your Binance account, under Binance's terms, and the experience is built for people paying from a Binance account.

3. Bitso Business: best for companies moving money between pesos, reais and stablecoins

Bitso Business pitches "one integration, six countries": Brazil, Mexico, Colombia, Argentina, Chile and the US, with local rails such as Pix, SPEI and ACH, plus SWIFT and SEPA. It offers its own stablecoins, MXNB (backed 1:1 by Mexican pesos) and BRL1 (Brazilian reais). Its stated segments are money transmitters, gaming, PSPs, import/export, fintechs, brokers and SaaS.

Best for: companies with B2B flows that need to collect over SPEI or Pix, convert to stablecoins and pay abroad. Its pages talk about treasury, cross-border payments and APIs, not a checkout where your customer pays from their wallet at the counter.

4. BitPay: best for a Mexican merchant that wants pesos in the bank

BitPay receives the payment and pays you out. Its developer documentation lists eight currencies for bank settlement: USD, AUD, CAD, GBP, MXN, NZD, CHF and EUR. The Mexican peso is the only Latin American currency on the list: minimum 1,500 MXN, landing in your bank after two business days. It also settles in USDC or USDT daily, with a minimum of 200.

Best for: merchants in Mexico who want customers to pay in crypto and receive pesos. Outside Mexico, the list includes no reais, no Colombian, Argentine or Chilean pesos and no soles.

5. Stripe stablecoin payments: only if your company is in Mexico and gets into the preview

Stripe's documentation accepts customers worldwide, but only businesses in certain countries can get paid. It's available in the US and in private preview in the European Union, Hong Kong, Mexico and Switzerland. No other Latin American country is listed. It accepts USDC on Tempo, Ethereum, Solana, Polygon and Base, settles to your Stripe balance in your local currency, has no disputes and caps each payment at $10,000. USDT isn't on the list.

Best for: a Mexican merchant already on Stripe that gets admitted to the preview.

6. NOWPayments: best for accepting many coins with forwarding to your wallet

NOWPayments offers two flows. With forwarding, the customer pays a NOWPayments deposit address and the funds are sent on to your payout wallet, converted if needed. With its optional custody, funds accumulate in your NOWPayments balance, which enables batched withdrawals and mass payouts. Check in your dashboard which of the two flows your account uses.

If you switch, Payzum's payment webhooks use the NOWPayments-compatible IPN format (x-nowpayments-sig, HMAC-SHA-512), so your existing handler can verify them. Best for: merchants who want a very wide coin list.

7. CoinPayments: best if you want a hosted multi-coin wallet

In CoinPayments you pick a payout mode per coin. With "To Balance", payments are stored in your CoinPayments wallet until you withdraw them. With "ASAP", each payment is sent to the address you specify as soon as it confirms. Both support conversion. Payzum also sends a CoinPayments-compatible IPN, which shortens a migration. Best for: merchants who prefer a hosted wallet holding many coins.

8. BTCPay Server: best for Bitcoin-focused merchants with technical help

According to its documentation, BTCPay Server is free, open source (MIT) and self-hosted, with "no subscriptions, no transaction fees". Payments go directly to your wallet and it never needs your private keys. It's built around Bitcoin on-chain and the Lightning Network. Best for: merchants who get paid in Bitcoin and have someone to run a server. If what you want is USDT and USDC across several networks without hosting anything, it's a heavier path.

And one that doesn't: Coinbase Business

Coinbase's help center says Coinbase Business is available to businesses with a legal entity in the United States or Singapore, with plans to add markets. No Latin American country is listed today. If your company is incorporated in the region, it isn't an option yet. For the global comparison, see the best crypto payment processors of 2026.

How to choose a crypto payment gateway in Latin America in 5 steps

1. Decide where the money ends up. Mexican pesos in the bank? BitPay, or Stripe if you get into the preview. Reais via Pix? An authorised Brazilian provider. Stablecoins in your wallet? A non-custodial gateway.
2. Check that your company qualifies. Look up your country of incorporation on each provider's requirements page before you integrate anything.
3. Ask your customers what they pay with. A Binance balance, USDT on which network, USDC on Solana or Base? Pick the gateway for what they hold, not for the longest coin list.
4. Check your platform and your counter. WooCommerce, PrestaShop, Magento 2 and Shopify have official Payzum plugins. On Tiendanube or VTEX, collect with payment links or hosted checkout. If you sell in person, you need a POS with a QR per sale.
5. Know your country's rule and talk to your accountant. The PSAV registry in Argentina, DIAN reporting in Colombia, BCB rules in Brazil, Circular 4/2019 in Mexico. Ask how to book stablecoin receipts before the first payment.

If non-custodial fits: how Payzum works, step by step

1. Create your account and complete KYC. Turn on 2FA. Your API secrets are stored encrypted and every action lands in the audit log.
2. Connect wallets you control and pick coins and networks. USDT on Polygon, BNB Chain or Solana, and USDC on Base, Polygon or Solana, keep network costs at cents. Turn on auto-convert if you also accept BTC or ETH.
3. Choose how to get paid: the POS at the counter, your store's plugin, hosted checkout, payment links over WhatsApp, invoices with expiry or the API.
4. Get paid and reconcile. The payment confirms on-chain in about 0.4 seconds on Solana and about 2 seconds on Base or Polygon. A signed webhook marks the order paid, and the money is already in your wallet.

Which gateway fits which Latin American merchant

The answer changes with the country, the customer and where the money has to go. Here's how the options split in concrete cases.

• A restaurant in Mexico City that needs pesos for payroll. If customers pay in crypto and everything must end up in pesos, BitPay settles in MXN. If it also gets tourists paying in USDC and wants to keep part in dollars, Payzum POS covers that part, with a fresh QR per bill and a PIN per server.
• A digital agency in Buenos Aires billing clients in the US and Spain. It sends Payzum invoices in USDC with an expiry, the money lands in its wallet, and it pays its freelancers with stablecoin payouts without passing through pesos.
• A hostel in Medellín with foreign guests. It takes the booking deposit with a payment link and the balance at reception with a QR. Guests pay USDC or USDT on Solana or Polygon, and the hostel pays guides and drivers from the same dashboard.
• A US online store selling into Brazil. Most buyers keep paying with Pix through an authorised provider. Customers holding stablecoins pay through hosted checkout, and large B2B invoices get a 72-hour expiry because of the hold that starts in January 2027. Details in Brazil's 24-hour rule, explained.
• A Mexican importer that collects over SPEI and pays suppliers in Asia. Its problem is B2B treasury, not checkout. Bitso Business is built for that. Payzum isn't the tool.
• A shop in Lima or Santiago whose customers pay from Binance. Binance Pay is the shortest path. If customers with their own wallets show up too, Payzum can sit next to it in the same checkout.
• A Bitcoin-only merchant with someone technical on staff. BTCPay Server gives full control with no processor fee.

Best crypto payment gateways in Latin America, side by side

Every row comes from the provider's public documentation as of 13 October 2026. Fees are left out on purpose: check each pricing page on the day you sign.

One thing holds across the whole table: once confirmed on-chain, a crypto payment can't be reversed by the payer. What changes is who holds the money until it reaches you, and which currency it ends up in.

Fair objections

"I need pesos (or reais) in the bank."

Then you need a provider that converts and deposits: BitPay if you're in Mexico, Stripe if you get into its Mexican preview, or an authorised exchange or provider in your country. Payzum is crypto-only and never deposits to a bank. It fits when keeping digital dollars is useful to you because you already price in dollars, save in dollars or pay suppliers in stablecoins.

"My customers hold USDT on TRON."

Payzum doesn't run on TRON today. Many exchanges let users withdraw USDT on other networks; check which ones your customers' exchange offers, and show the exact network on the invoice: BNB Chain, Polygon or Solana. If nearly all your customers pay from Binance, Binance Pay can sit next to Payzum in the same checkout.

"Is accepting crypto legal in my country?"

We don't give legal advice. The rules in the table mostly regulate intermediaries: PSAVs in Argentina, eFX providers and exchanges in Brazil, banks in Mexico, crypto-asset service providers in Colombia. Your own obligations depend on where your company is incorporated and what you do with the funds. Confirm them with a local lawyer and accountant.

"I already take payments through Mercado Pago or my acquirer."

Keep them. Cards, local QR and crypto aren't mutually exclusive. A crypto gateway adds a payment method for people holding stablecoins, and it's worth judging by what it adds: sales to customers abroad, zero chargebacks on that slice, and money that arrives in seconds.