We have just launched a new deposit system for clients in LATAM. This is called "Pay Retailers". It offers clients a variety of local transfer methods whether that be cash, bank transfer or crypto. Crypto is unlikely to be popular here given we have a direct crypto method through Finrax but just an FYI that this is possible.  

  

The countries that are going to see this method are as follows: Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Peru 

  

See PDF which shows some of the methods clients can use. 

 

Just a heads up on the limits, unfortunately, Praxis only allows us to set the limit on the entire method rather than each individual way a client can transfer. Therefore, it is possible that a client can enter a higher amount than they can fund for the method they pick. As a result, it would be good for this document to be kept on hand in case you receive a client unsure of how much they can fund.