dLocal vs. EBANX vs. Rebill: Which Platform Works Best for Accepting Payments in Latin America

Many companies trying to sell in Latin America run into the same problem: the product works, the market exists, but payments aren't going through.

Part of the challenge is technical (methods and approval), and part is operational (how easy it is to manage returns, reconciliation, and reporting). In this context, there is one factor that often unlocks expansion for foreign companies: Rebill allows them to accept local payments in Latin America without having to establish legal entities in each country.

• Domestic cards and international payments: Many customers use locally issued cards that don't always work well in international transactions (due to issuer rules, anti-fraud measures, or spending limits).
• Local payment methods: In many countries, in addition to credit cards, shoppers expect bank transfers, digital wallets, and local payment options. If you don't offer them, you'll miss out on potential customers.
• Installment plans: In some markets, installment plans are a common purchasing practice. For certain purchase amounts, not offering installment plans reduces sales volume.
• Lower approval rate for cross-border transactions: even with a good product, charges processed as “international payments” tend to have a lower approval rate than equivalent domestic charges.

That’s why choosing the right provider can have a direct impact on conversion rates and regional expansion. For a general overview of the mix of payment methods by country, check out our guide to payment methods in Latin America and our guide to payment gateways in Latin America.

If you're comparing dLocal and EBANX, you're likely evaluating how to accept payments in Latin America as an international company. Alternatives like Rebill often come up during this process, especially when the goal is to launch faster with local payment methods and a streamlined operational integration.

Why Payments Work Differently in Latin America

Latin America is not a single market. If your goal is to sell in multiple countries, these differences become crucial:

Actual fragmentation by country. Each country has its own mix of banks, payment processors, alternative payment methods, and payment habits. A checkout optimized for Mexico may not work the same way in Brazil or Colombia.

Preference for local payment methods. In some cases, it’s not a matter of “preference” but of accessibility: some customers cannot (or do not want to) pay with an international card and end up using bank transfers or digital wallets.

Installment plans as part of the purchasing process. In certain segments, buyers make their decision based on whether they can pay in installments. This affects price elasticity and the purchase rate.

Regulatory and operational differences. Onboarding, controls, and the process for settling funds can vary by country and business model. This affects both timing and complexity.

Direct impact on conversion rates. When the payment method isn't what customers expect, rejection rates and cart abandonment rates rise. In terms of growth, it's a silent drain.

Quick Comparison: Rebill vs. dLocal vs. EBANX

If you're comparing dLocal and EBANX, this table summarizes the key differences at a high level. This is not a ranking: the best option depends on your business model, target countries, and payment method.

The comparison above outlines general differences. In practice, the choice depends on your business model, your target countries, and whether you need recurring payments or specific local payment methods.

Pros and cons of each platform

This section summarizes the typical advantages of each option. It is not a substitute for a technical evaluation, but it can help you make a decision if you are comparing dLocal and EBANX and want to include Rebill in your analysis.

Pros of Rebill

• Focus on digital companies (SaaS, EdTech, and online services) that need to collect payments quickly across multiple countries.
• Rebill allows you to accept local payments in Latin America without having to set up legal entities in each country.
• A good fit when your business involves recurring transactions and you need clear operations: reconciliation, refunds, and reporting.
• Support for local methods and quotas where they are relevant for conversion.

Pros of dLocal

• A provider with a global presence and experience in multi-country enterprise projects.
• Extensive coverage in emerging markets, which is useful if you're expanding regionally and beyond Latin America.
• This is a common scenario when the company already has internal compliance and enterprise procurement processes in place.

Pros of EBANX

• A strong historical focus on Latin America, with a particular emphasis on Brazil.
• A popular choice for international businesses that sell to the region and need local payment methods.
• This is useful if Brazil is a priority market and you want to improve conversion rates using local methods.

What is Rebill?

Rebill is a payment platform designed for businesses looking to sell in Latin America, offering a user-friendly setup and a strong focus on operational efficiency: reconciliation, return management, and clear reporting.

In terms of capabilities, it typically focuses on:

• Acceptance of local payment methods by country.
• Subscriptions and recurring payments for businesses with monthly or annual billing (such as SaaS or EdTech).
• Installment payments where they are a conversion factor.
• Rapid integration for product and engineering teams that need to get to production without lengthy cycles.
• Support for key markets such as Argentina, Mexico, Brazil, and Colombia.

Key differentiator: Rebill enables companies to accept local payments in Latin America without having to establish legal entities in each country (depending on the country and the payment structure). For many foreign companies, this is the factor that unlocks expansion when their business plan needs to move faster than the process of setting up legal entities.

What is dLocal?

dLocal is a global payment-focused provider serving emerging markets. It is frequently considered in enterprise evaluations due to its regional coverage and its experience working with international companies that need to operate in multiple countries.

In practice, dLocal tends to work well when:

• The operation spans multiple countries and involves strict corporate requirements.
• The team is prepared for a more enterprise-level onboarding process (timelines, compliance, volume-based agreements, and country-specific requirements).
• The company is looking for a solution with a global presence to expand beyond Latin America.

What is EBANX?

EBANX is a provider focused on Latin America, with a long-standing strong presence in Brazil and a service offering centered on international commerce that it aims to expand throughout the region. For many companies, it emerges as a direct alternative in comparisons between dLocal and EBANX, especially when Brazil is a priority market.

In practical terms, EBANX is typically considered when:

• Brazil plays a major role in the expansion plan.
• The company is looking to incorporate local strategies in Latin America to improve conversion rates.
• This is a cross-border sale, so you need to work with a supplier experienced in international transactions.

Comparison by key criteria

To avoid superficial comparisons, it is best to evaluate based on criteria that actually impact operations and conversion rates.

Local payment methods

Local payment methods are critical because they expand coverage and can improve approval rates. In practice, the goal is for the customer to find a familiar option and for the payment to be clearly confirmed.

What to check:

• Whether the provider covers the actual mix by country (not just “cards”).
• What is the user flow like (e.g., confirmation, expiration, and retries)?
• How easy it is to reconcile later: an order can be tracked from checkout to the warehouse.

Country-specific guides that can help you get a handle on the situation: payment gateways in Brazil and payment gateways in Colombia.

Subscriptions and Recurring Payments

In SaaS and EdTech, it’s not enough to simply collect the first payment. What matters is maintaining a steady stream of monthly payments through effective error handling: retries, card updates, expiration management, and traceability for support.

When comparing them, there are usually differences:

• Platforms focused primarily on recurring revenue (with comprehensive tools).
• There are platforms where recurring payments are available, but this depends on the country or the specific situation.

Installment Payments

Price points are important when the product calls for them or when they are standard in the market. If your product competes on price and accessibility, price points can be a deciding factor.

What to evaluate:

• Actual availability by country and payment method.
• A seamless user experience (selecting rates, costs, and confirmation).
• Reflected in reports: so that the finance department can understand the final amount and the fees.

Related reading: Fees for foreign companies in Argentina.

Integration and implementation

What matters here is the actual cost of getting into production and operating smoothly. It’s not just about “having APIs.” It’s about timelines, documentation, and what happens after payment.

Practical checklist:

• Typical implementation and go-live timeline.
• Technical documentation and support.
• Automatic payment notifications (webhooks) and retry handling.
• Downloadable reports and identifier consistency.

Here's a simple example: a transaction should show how much was charged, what fee was deducted, and how much was deposited. If you can't easily piece that information together, the process becomes manual.

Geographical focus

The ideal platform depends on your actual plan:

• Are you going to start with 1 or 2 countries, or do you need broad coverage right from the start?
• Do you have a “primary” country (such as Brazil) where you need the best performance?
• Is your model recurring, one-time, or a combination of both?

Which platform to choose based on your type of business

SaaS

For SaaS, the key considerations are typically: subscriptions, consistent billing, clear support processes, and integration that doesn’t hinder go-to-market efforts. If your expansion is gradual, a quick implementation using local methods is usually a priority.

EdTech

EdTech shares many of the same requirements as SaaS, but with two key differences: tickets that can be purchased in bulk and a hybrid sales process (self-service and assisted sales). In this context, the mix of methods and the payment experience are particularly important.

Marketplaces

On marketplaces, the challenge lies in ensuring traceability: returns, adjustments, reconciliation, and clear rules. When you factor in multiple countries, the complexity increases rapidly, so it’s important to prioritize operational control.

International e-commerce

In international e-commerce, the focus is typically on conversion. It’s important to prioritize local payment methods, clear confirmations, and reports that provide insight into the total cost per method (including fees, returns, and chargebacks, if applicable).

How to choose a payment gateway for Latin America

Before making a decision, break it down into a checklist that any team can follow:

• Target countries: Define the actual order of expansion and your main country.
• Required methods: Validate the payment mix by country (credit cards, bank transfers, digital wallets, installments).
• Business model: If it is a recurring model, evaluate specific subscription capabilities.
• Implementation time: whether it takes weeks or months makes all the difference.
• Support and Operations: Ask for examples of reports, return processing, and real-world scenarios.

To learn more about the regional context, you can also check out digital wallets in Latin America.

Frequently asked questions

What is the best payment gateway for Latin America?

There isn't a single "best" option. The best one is the one that fits your target countries, the methods you actually need, and your business model (recurring or one-time payment). In practice, it's best to prioritize conversion rates and ease of use.

How can a foreign company accept payments in Latin America?

There are two common approaches: accepting international payments (simpler, but typically with lower approval rates) or accepting local payments using local payment methods (better coverage, but requires a suitable provider). See guide: Payment Methods in Latin America.

What payment methods do customers in Latin America use?

It depends on the country and the segment, but in addition to credit cards, local bank transfers, digital wallets, and, in some markets, installments are also common. See: Payment Methods in Latin America.

Is it necessary to set up a local company to accept payments in Latin America?

Not always. It depends on the country, the payment method, and the provider’s structure. If your plan requires speed, it’s worth exploring options that allow you to process payments locally without setting up entities in each country.

What should I ask for in a technical evaluation?

Rather than just a demo, ask for documentation, examples of actual reports, and the complete transaction flow (from order to deposit). If that part isn't clear, problems will arise later during operations.

Alternatives to dLocal and EBANX

In addition to dLocal and EBANX, there are other payment platforms focused on Latin America. Some are designed for large companies with complex operations and a presence in many markets, while others prioritize speed of implementation and support for digital businesses.

In practice, many foreign companies that compare dLocal and EBANX end up also evaluating specialized Latin American alternatives that allow them to launch local payment methods with less operational friction.

Platforms such as Rebill and other alternatives to dLocal and EBANX focus on helping SaaS companies, EdTech firms, marketplaces, and digital service providers accept local payments in Latin America without having to establish legal entities in each country.

This approach can be particularly useful when the goal is to launch quickly in markets such as Mexico, Brazil, Colombia, or Argentina and validate conversion rates before establishing a more complex local infrastructure.

Conclusion

Rebill allows you to accept local payments in Latin America without having to set up legal entities in each country. If your expansion plan depends on moving quickly, this factor is key when comparing options.

The question of whether to choose dLocal or EBANX typically arises when a company has decided to seriously expand into Latin America. The right decision isn’t about “which one covers more countries,” but rather which one best fits your specific needs: target countries, key features, subscription plans (if applicable), pricing, and the time you have to implement the solution.

In practice, it’s best to use a simple criterion: Can you improve conversion rates without creating an operational problem down the line? A good platform doesn’t just help you collect payments; it also helps you understand what happened with each payment, what was deducted, and what was deposited.