Emergent Payments introduces e-commerce platform for Brazilian market

Emergent Payments has announced a new platform for payment solution to support e-commerce entrepreneurs in Brazil, called the Jumpstart Brazil, which aims to simplify the payment on online transactions, in addition to offering 23 local solutions to online shops; the Brazilian e-commerce presents an annual 24 percent growth and is expect to be worth $20 billion (USD) in 2015.

Currently, 60 percent of online transactions in Brazil are done with credit card, and the other 40 percent with different payment methods, such as billet.

"Our merchants are looking for a payments solution that gets them total local coverage, manages fraud and chargebacks and handles withholding tax issues,” General Manager of Product for Emergent Payments Russell Shiffer said. “That's what Jumpstart Brazil delivers -- a simple payments solution tailored for the Brazilian market to optimize conversion rates and reduce costs."

Jumpstart eliminates the high costs for the transactions and offers the companies minimal taxes. Along with an emergent local entities bypass of the 15 percent withholding tax, the company provides multiple easy integration methods, a hosteled paywall and deep integration and supports various business models, which feature subscriptions, micro-transactions and freemium.

For more information, refer to www.emergentpayments.net/jumpstart-brazil.php.