Insights

Cash remains deeply embedded across Latin America and the Caribbean, but prepaid is creating new ways for people and organisations to access and manage digital payments. We spoke to Carlos Seer, Associate VP & Business Development Director in LAC, about the market, its strongest use cases and what comes next.

Compass Plus Technologies’ next-generation fraud management platform recognised by the Payments Awards for its innovative approach to AI-powered fraud prevention

Brazil’s prepaid market is large and established, although its recent performance is more nuanced than headline growth suggests. The country had 74 million active prepaid cards at the end of 2025, and prepaid-card transactions grew 2.2% in the second half of 2025 compared with the same period in 2024. But prepaid’s future will be shaped by more than card numbers.

As customer expectations continue to evolve and banks seek new ways to balance growth, efficiency and customer experience, instant card issuance has become a strategic capability that delivers measurable value across the entire card lifecycle.

QKS Group has named Compass Plus Technologies as a 2025 technology leader in the SPARK Matrix™: Card Management System (CMS), 2025.

As digital banking becomes the primary customer interface, the ATM's value lies in doing fewer things - but doing them exceptionally well.

For merchant acquirers across Africa, fraud prevention has long focused on minimising chargebacks, reducing scheme exposure, and protecting merchants from losses. But there is another threat hiding inside many fraud strategies: false positives.

Customer expectations have fundamentally changed. In a world where groceries arrive in hours, taxis appear in minutes, and digital services are available instantly, waiting several days for a payment card feels increasingly out of step. The challenge for banks isn't simply issuing cards quickly; it's giving customers the freedom to choose how they receive them.