Imagine you're an ecommerce startup in the largest growth market outside of China and 20% of your transactions are declined. Not because the buyer's credit is bad but because the payments infrastructure is that inefficient and complex. This is the daily reality of every ecommerce startup in Brazil and many across Latin America. It adds up to over $15B in lost sales every year in Brazil alone.
That's where Plug Pagamentos fits in. Read this article and understand more.