GlobalCollect has opened a new office in Sao Paulo, Brazil, further consolidating the company’s leading position in the Latin-American eCommerce market.GlobalCollect has had a presence in Brazil for several years, and by establishing the Sao Paulo office, the company responds to strong demand for regional expertise from both Brazilian companies looking to expand internationally, as well as global merchants entering the rapidly growing Brazilian market. The Sao Paulo office is the fifth new GlobalCollect office to open in the last 12 months, following Shanghai, Beijing, Tokyo and Brisbane, which all opened in the second half of 2013. GlobalCollect’s Argentina-based subsidiary Sub1 has its own software factory and is the region’s leading payments gateway, providing access to more than 50 local payment methods and more than12 local acquirers across the region. In 2013, Sub1 outperformed the overall Latin American eCommerce market, growing revenues by 46%.