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Why other payment methods aren’t available to buy from Venezuela?

Since October 2023, people located in Venezuela can access content sold by creators on Hotmart.

For purchases made from Venezuela, the payment page is enabled for payments by credit card issued by a foreign bank, in U.S. dollars (USD).

In this article, you’ll learn which payment methods are available for purchases made in Venezuela and why other payment methods or currencies do not appear at checkout.

 

Which payment methods are available in Venezuela?

Currently, the payment method available for purchases made from Venezuela is:

  • credit card issued by a foreign bank, with payment in U.S. dollars (USD).

For the payment to be processed, the following requirements must be met:

  • the card must have been issued by a bank outside Venezuela;

  • the payment must be made in U.S. dollars (USD);

  • the card must be a credit card.

Cards issued by Venezuelan banks are not accepted, even if they have a Visa or Mastercard brand. In this case, payment availability is determined by the card-issuing bank, not only by the card brand.

 

Why other payment methods are unavailable

Other payment methods and currencies are not currently available for purchases made from Venezuela due to restrictions that apply to commercial and financial operations in the country.

These restrictions are related to economic sanctions administered by OFAC (Office of Foreign Assets Control), the U.S. government agency responsible for sanctions programs. OFAC states that it administers different sanctions programs, which may include asset blocking and trade restrictions, and maintains a specific program related to Venezuela. 

 

Frequently asked questions

Can I pay with a card issued by a Venezuelan bank?

No. Cards issued by Venezuelan banks are not accepted for purchases made from Venezuela, even if they have a Visa or Mastercard brand.

Can I use a debit card?

The available method is a credit card issued by a foreign bank. Local debit-only cards are not accepted.

Is the card brand, such as Visa or Mastercard, enough for the payment to be approved?

No. The card brand is not the only criterion. For purchases made from Venezuela, the card must have been issued by a foreign bank and allow payment in U.S. dollars (USD).

Will other payment methods become available?

At this time, there are no other payment methods available for purchases made from Venezuela. If new options are enabled, they will appear directly on the payment page.

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