What is a common payment method in Latin America for IniTECH software's expansion?

Vouchers are indeed a common payment method in Latin America and are often used for various transactions, especially in sectors like retail and services. They enable consumers to pay for goods and services without the need for traditional banking infrastructure or credit cards, providing a more inclusive option for those who may be unbanked or underbanked.

In many Latin American countries, vouchers can take the form of prepaid cards or codes that can be obtained through various channels, including convenience stores. This payment method is particularly popular among users who prefer not to engage with credit card systems, which may have lower penetration in certain demographics.

While credit cards, bank transfers, and digital wallets are also utilized in the region, vouchers offer a unique solution that is adaptable to the local economic environment and consumer habits, making them a strategic choice for software companies like IniTECH looking to expand their services in Latin American markets.