A prepaid payment instrument redeemable on a major e-commerce platform within a specific South American country, it allows recipients to purchase a wide range of goods and services offered by the retailer. For instance, someone in another country might purchase this instrument for a friend or family member living within the specified nation, allowing them to acquire desired items locally.
These instruments offer a convenient and secure method for gifting or providing funds to individuals, particularly when direct monetary transfers are challenging or undesirable. They bypass the need for local bank accounts or credit cards, expanding access to online shopping and fostering economic activity within the region. They have become increasingly popular due to the expansion of e-commerce and the growing need for cross-border gifting solutions.