Marketplaces
Collect from buyers locally and pay sellers through local bank and wallet rails
Offer Pix, PSE, Bre-B, QR and cards at checkout, give each seller a virtual account, and send seller payouts to banks in 14 countries and wallets in 9 through one API.
- A virtual account per seller
- Payouts in 14 countries
- Refunds and chargebacks in one place
A virtual account per sellerSeller payouts
Batch #2026-09-30-A
- BrazilPix · 486 payoutsR$ 412,380.00Paid
- MexicoSPEI · 302 payoutsMX$ 3,105,200.00Paid
- ArgentinaCBU / CVU · 214 payoutsARS 98,450,000Processing
- ColombiaACH · Bre-B · 128 payoutsCOP 1,240,500,000Processing
- ChileTEF · 74 payoutsCLP 186,320,000Queued
- PeruCCI · 44 payoutsS/ 312,400.00Queued
The challenge
Where marketplaces struggle in Latin America
Four problems that multi-seller platforms meet as soon as they cross a border.
What gets in the way
- Buyers abandon without their methodEach country has its own preferred way to pay. A checkout without Pix, PSE, a local card or installments loses the sale.
- Who paid for which order and seller?Pooled collections make it hard to attribute each payment to a seller and an order, and reconciliation turns into a monthly project.
- Sellers expect to be paid locally, fastThousands of sellers bank in different countries on different rails. Slow or manual payouts push the best sellers to other platforms.
- Refunds and disputes scatteredRefunds, cancellations and chargebacks across tools make it hard to see what you owe a seller after a return.
How Localpayment addresses it
- The local method at checkout, from one APIPix, PSE, Bre-B, QR, SPEI and cards with installments in Colombia, Mexico and Peru, selected per country from the same pay-in call.
- A virtual account per seller, order or buyerEvery incoming transfer arrives already attributed, with a signed webhook and your external ID, so reconciliation runs continuously.
- Seller payouts on real-time railsPay sellers to banks in 14 countries and wallets in 9, by API or in batches, with double-signature approval and proof of payment.
- Refunds and chargebacks in one placeRefund cards, virtual accounts and local methods, and manage card chargebacks with evidence upload, from the API or the Business Portal.
Products
Products behind a marketplace
Pay-ins
Local methods, cards and installments in Colombia, Mexico and Peru, through one pay-in API.
Pay-ins —Virtual accounts
A dedicated account per seller, order or customer, with every incoming transfer matched automatically.
Virtual accounts —Payouts
Pay sellers to bank accounts and wallets, one by one by API or in batches, with double-signature approval.
Payouts —
Money flow
From buyer checkout to seller payout
A typical order. Your platform calculates each seller’s share, keeps its commission and decides when to release the payout.
- 1
BuyerMarketplace:
Checks out with a local method
Show the methods available in the buyer’s country, taken from the API.
- 2
MarketplaceLocalpayment:
Creates the pay-in
One call per order, with your order reference as the external ID.
- 3
BuyerLocalpayment:
Pays or approves
In the bank app, with a QR code or with a card.
- 4
LocalpaymentMarketplace:
Webhook: payment approved
Signed with HMAC. Funds are converted and credited to your Localpayment account.
- 5
MarketplaceSeller:
Notifies the seller to ship
Your platform holds the funds logically until delivery, under your own rules.
- 6
MarketplaceLocalpayment:
Requests the seller payout
Your platform calculates the seller’s share and keeps its commission.
- 7
LocalpaymentSeller:
Pays the seller locally
To the seller’s bank account or wallet. Real-time rails confirm in seconds.
- 8
LocalpaymentMarketplace:
Webhook: payout completed
Every status change is tracked, with proof of payment available.
Example flow. The share calculation and the release timing are your platform’s business rules; Localpayment executes the collections and payouts.
Local methods
Recommended methods by country
The method buyers use to pay, and the rail that reaches the seller the same day.
Brazil
- Recommended methods
- Pix in both directions: QR pay-ins and real-time seller payouts, 24/7.
Mexico
- Recommended methods
- Cards and SPEI to a CLABE virtual account; SPEI payouts in real time.
Colombia
- Recommended methods
- PSE, Bre-B and cards with installments; real-time payouts via TransfiYa and Bre-B.
Argentina
- Recommended methods
- Cards, Debin and CVU virtual accounts; COELSA payouts in real time.
Chile
- Recommended methods
- ETPAY and TEF virtual accounts for pay-ins; TEF payouts, real-time up to CLP 7,000,000.
Peru
- Recommended methods
- QR payments and CCI virtual accounts; CCE payouts, real-time up to PEN 30,000.
Only methods documented by Localpayment are listed. Payout speed depends on the rail; some countries settle T+1.
Method guides
Pix
Brazil: QR and Copia e Cola pay-ins, plus real-time payouts, 24/7.
Pix —SPEI
Mexico: real-time bank transfers, with CLABE virtual accounts for pay-ins.
SPEI —PSE
Colombia: pay-ins by bank redirect, approved in the payer’s online banking.
PSE —Bre-B
Colombia: instant key-based payments, 24/7, for pay-ins and payouts.
Bre-B —TransfiYa
Colombia: real-time payouts to beneficiaries.
TransfiYa —CVU & COELSA
Argentina: CVU virtual accounts for pay-ins and real-time COELSA payouts.
CVU & COELSA —TEF
Chile: bank transfers both ways, with virtual accounts for pay-ins.
TEF —CCI
Peru: CCI virtual accounts for pay-ins and CCE payouts, real-time up to PEN 30,000.
CCI —Cards
Visa and Mastercard in Argentina, Colombia, Mexico and Peru, plus American Express, Naranja and Cabal in Argentina and American Express and Diners Club in Colombia.
Cards —
Market figures
The e-commerce markets your sellers want to reach
Public figures from official and industry sources. Each one links to its source.
BRL 234.9B
Brazil e-commerce revenue, 2025 projection
USD 55.3B
Mexico retail e-commerce value, 2025
Source: AMVO, Estudio de Venta Online 2026, as reported by PRODU
684.6M
Colombia e-commerce transactions, 2025
Frequently asked questions
Can I split a payment between sellers automatically?
Your platform calculates each seller’s share and keeps its commission; you then pay every seller through payouts, by API or in batches. Ask sales if you need a specific split model.
How do I know which seller a transfer belongs to?
Issue a virtual account per seller, order or customer. Every incoming transfer arrives with a webhook already attributed to that account.
Which countries can I pay sellers in?
Bank-transfer payouts reach 14 countries, plus wallet payouts to Yape in Bolivia, SINPE Móvil in Costa Rica and CCE wallets in Peru, or to wallets reachable by bank transfer.
How are refunds and chargebacks handled?
Refunds are available for cards, virtual accounts and payment methods, and card chargebacks are managed with evidence upload, from the API or the Business Portal.
Does each seller need its own KYC with Localpayment?
Your marketplace is Localpayment’s customer and goes through compliance review and business verification once. Sellers are your users: you onboard them under your own rules and keep their bank details for payouts.
How do we pay sellers in another currency than the one we collected?
Collections settle in local currency and can be converted to USD, EUR or another hard currency within local market hours, with a quote token to lock the rate. Payouts are then funded in the destination country.
Are there limits on seller payouts?
Limits depend on the rail and country. Real-time payouts in Peru, for example, run up to PEN 30,000 per transfer; above that the payout settles through the standard rail. Each method page lists its limits.
Keep exploring
E-commerce & marketplaces
The full solution for this industry, with all products and flows.
E-commerce & marketplaces —Payment methods by country
Every documented method, with limits and speeds.
Payment methods by country —Checkout experiences
What the payer sees, method by method, country by country.
Checkout experiences —Coverage
18 countries with a licensed, registered or supervised presence.
Coverage —Developer quickstart
Stage credentials, first payment and webhooks.
Developer quickstart —
Give your buyers and sellers a local experience
Get Stage credentials at the start of the partnership, go live in weeks and add new markets by configuration.