As for the buyers, 43% were based in Brazil, followed by the US at 21% and Canada at 6%. Acquirers headquartered in the UK, Spain, Mexico, and France each represented 3% of total transactions. 

Looking at sellers by geography, 63% were from Brazil, followed by Argentina at 8%, Chile, Mexico, and Colombia at 7%, and Peru at 3%. Other noteworthy countries include Uruguay, Bolivia and Ecuador.