logo
EBANX Offers First Direct Integration for Cross-Border Merchants with Peruvian Wallet Yape

EBANX Offers First Direct Integration for Cross-Border Merchants with Peruvian Wallet Yape

FF News10-07-2025
EBANX announced today its direct integration with Yape, Peru's superapp, for cross-border merchants of the digital economy. Yape supports both recurring and one-click and on-file payments through a simple user enrollment process. Users will be able to pay for their purchases on global e-commerce websites with either their wallet balance or a linked card. In 2024, Yape captured the largest share of the volume transacted online with a digital wallet in the country, according to data from Payments and Commerce Market Intelligence (PCMI).
EBANX's study Beyond Borders 2025 reveals that Peru's e-commerce market is expected to reach USD 60 billion by 2027, after growing 20% per year. 'With over 14 million active Peruvian users, Yape empowers millions of consumers with reliable daily transactions. This direct integration with EBANX marks a significant step in expanding our reach to global merchants, allowing them to tap into the vast potential of the Peruvian market,' says Claudia Silva, Head of Payments at Yape.
Digital wallets have become a crucial part of the payment ecosystem in Peru. In 2024, wallets represented 10% of the country's total digital commerce transactions, and their share is expected to grow at an annual rate of 17% by 2027, according to PCMI. 'Yape is a key driver of this growth, reshaping the financial landscape and enabling financial inclusion, particularly for those without access to traditional banking,' Silvia points out.
According to Beyond Borders 2025, digital wallets are increasingly becoming a preferred option for recurring transactions, thanks to innovative features that help improve approval rates. According to Yape's internal data, the company provides an impressive 93% approval rate on transactions, positioning it as an effective payment solution for businesses looking to thrive in Peru's rapidly growing digital economy.
'Through partnership with Yape, EBANX enables merchants to access a seamless, secure, and high-conversion payment solution that drives immediate results, for one-time purchases as well as for subscription-based services and recurring payments,' explains Juliana Etcheverry, Director of LatAm Country Growth – South Cone at EBANX. 'This partnership goes beyond payments; it's about fostering scalable, long-term growth for merchants in a rapidly evolving market,' Etcheverry adds.
Companies In This Post
EBANX
Yape
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Five essential things to know before you board an Oceania Cruises' ship
Five essential things to know before you board an Oceania Cruises' ship

Telegraph

time9 minutes ago

  • Telegraph

Five essential things to know before you board an Oceania Cruises' ship

Ever since its founding in 2002, Oceania has pitched itself as a premium foodie cruise line serving 'the finest cuisine at sea' – a tag line the company has trademarked. Backing up the claim, its ships have one chef for every 10 passengers and, because there's no point serving good food unless people eat it, there is no charge to dine in its speciality restaurants, unlike on other ships. The company originally chartered two small ships, Insignia and Regatta. Now it has eight vessels, including four larger new builds. The latest, Oceania Allura (1,200 passengers), launched in July 2025. Another new ship, Oceania Sonata, is due in 2027, with three sister ships to follow between 2029 and 2035. In recent years, Oceania has added 'leading destination line' and wellness to its attributes, along with excursions designed to connect passengers to places and cultures through history, food, yoga and 'go local' trips to quieter villages and places off the tourist trail in big cities. Since 2014, Oceania has been part of Norwegian Cruise Line Holdings, parent of mass-market Norwegian Cruise Line and ultra-luxury Regent Seven Seas Cruises. 1. Where does Oceania cruise? Eight ships are enough to cover pretty much all corners of the world. Chances are wherever you want to go, Oceania can take you there, even if you want to go penguin-spotting in Antarctica. Staying with long-haul, Oceania has cruises in Asia, South America and through the Panama Canal, and island-hopping voyages in the Caribbean almost exclusively round-trip from Miami. Cruises in French Polynesia from Tahiti are among its best-selling cruises. Closer to home, cruises in the Mediterranean and Greek Isles in the summer and autumn visit popular places including Barcelona, Dubrovnik, Santorini and Rhodes. However, Oceania's ships are small enough (they hold 670-1,250 passengers), to call into lesser-known ports inaccessible to large vessels. Canakkale in Turkey, the gateway to Gallipoli and Troy, is one such; Olbia in Sardinia – where food, wine and 4x4 adventures are among excursions – is another. In the Baltic, with calls into St Petersburg no longer an option, Oceania has found new places for passengers to explore, including Kotka in Finland and Liepaja in Latvia, the former offering nature walks and rafting, the latter known for its art nouveau heritage and the world's largest mechanical organ. For those who prefer not to fly, five cruises from Southampton in 2026 either circumnavigate the UK and Ireland, explore Scandinavia or combine the two. Durations range from seven nights to a month or more and often include overnights in A-list cities such as Istanbul, Buenos Aires and Rio de Janeiro. There are 180-day world voyages each January. In 2027 passengers will depart Miami for Southampton, and there's an option to sail on to New York, extending the cruise by 64 days. 2. Who does Oceania Cruises appeal to? A typical Oceania cruiser is a well-travelled, well-off American, aged 65 or over who likes smaller ships, enjoys the refined but not dressy atmosphere on board and wants to see the world in comfort without paying top dollar for an all-inclusive and more spacious ultra-luxury cruise line. Oceania pitches itself as a luxury line with fares that cover tips, Wi-Fi and soft drinks as well as dining in speciality restaurants. Alcohol and excursions cost extra, likewise flights and transfers. While the majority of Oceania passengers are from North America, the brand counts plenty of British and Australians of a similar age and social profile among its fan base. Families are welcome, but you are more likely to see older multi-generational groups, as there is no child care or entertainment for children. Wherever they're from, passengers will likely have an appreciation for good food. Those who are really keen can improve their skills in culinary centres on the four new ships and sign up for food-themed excursions, such as shopping with a chef or cookery lessons with locals. Passengers also enjoy Oceania's longer cruises. As proof, all cabins and suites on the 180-day world cruise in January 2026 are already wait-listed. 3. Oceania Cruises' fleet Regatta-class Oceania Insignia, Oceania Nautica, Oceania Regatta, Oceania Sirena (670 passengers) Built 25 or more years ago, these are the old ladies of the fleet, but plenty of Oceania cruisers prefer them for their more intimate size. They've been spruced up over the years but they are not as luxurious as their newer fleet mates, and cabins and suites are quite compact, although many have balconies. Expect two speciality restaurants – the Asian-inspired Red Ginger and Tuscan Steak on Sirena; Toscana and Polo Grill on the others – in addition to the grand dining room and buffet, and an alfresco grill by a small pool. Sails to: Mediterranean, Northern Europe, Asia, Caribbean, Mexico, South America, Panama Canal, Canada and New England, Australia and New Zealand, the South Pacific and Africa Oceania-class ships Oceania Marina and Oceania Riviera (1,250 passengers) Oceania went larger with its first new vessels, almost doubling the size of its Regatta ships, so it could add two more restaurants – the French Jacques and Asian-inspired Red Ginger – as well as the first cookery schools at sea. Three butler-served Owner's Suites span the width of the ships and are furnished in Ralph Lauren Home. A Lalique staircase dazzles in each atrium; elsewhere expect an elegant, conservative look. Allura-class ships Oceania Vista and Oceania Allura (1,200 passengers) Oceania fans had to wait 10 years after Riviera for another new ship, with Vista launching in 2023 and Allura following in 2025. They are slightly smaller but the layout is similar and the look much brighter. Notably there's a larger culinary centre and a new restaurant, Aquamar, serving healthier food but only for breakfast and lunch. French restaurant Jacques makes a comeback on Allura (it will be added to Vista in October 2025). Sails to: Mediterranean, Northern Europe, British Isles, Caribbean, Mexico, South America, Panama Canal, Asia, Canada/New England, world cruises 4. Loyalty scheme Cruisers become members of the Oceania Club after their first sailing and then work their way up through seven levels, earning everything from bottles of wine and on-board credit to free drinks packages and even free cruises. 5. Access for guests with disabilities All ships have wheelchair-accessible cabins and lifts to all decks, except a half portion of deck at the very top, and front of the ships.

Trump tariffs weigh on Brazil chemical exporters, spark order cancellations
Trump tariffs weigh on Brazil chemical exporters, spark order cancellations

Reuters

timea day ago

  • Reuters

Trump tariffs weigh on Brazil chemical exporters, spark order cancellations

SAO PAULO, July 25 (Reuters) - Chemical products companies in Brazil, which exported $2.4 billion to the U.S. last year, face a slew of contract cancellations as President Donald Trump has threatened a new 50% tariff on the South American nation's exports from August 1. Since Trump's announcement, export orders have been canceled for certain resins and compounds used to make fertilizers, which Brazil supplies to the U.S. agriculture sector, Andre Cordeiro, head of Brazilian chemical lobby Abiquim, said on Friday. "Fundamentally, these decisions are being made because the bet is that he will actually apply the tariff," Cordeiro said. One company in Brazil had all its contracts for exports to the U.S. canceled, Cordeiro said, adding that other businesses have seen some of their contracts canceled. There are also cases where sellers had secured export financing for the order, which was later revoked. He declined to name the affected exporters. Losses associated with the tariffs go beyond direct exports, as almost every industry uses chemicals in manufacturing processes, from oil to steel, from machinery to production of agricultural commodities, he said. "No one produces coffee, even grains, without some kind of chemical product in the process." Cordeiro added that chemical companies are losing export business and also local sales to clients that export goods into the U.S. market. Brazilian plywood exporters, for example, use chemicals for bonding and themselves have faced U.S. order cancellations, he said. Orange juice makers, which sent 42% of their exports to the U.S. last year, also use chemical preservatives. Brazilian companies like Braskem ( opens new tab have operations in the U.S. and could be affected. Dow Chemical (DOW.N), opens new tab, which has 10 plants in Brazil and sizeable exports of silicon metal for processing in the U.S., is also at risk. Braskem and Dow did not immediately comment. Exxon Mobil (XOM.N), opens new tab, which declined to comment, operates in Brazil and serves clients in various industries. Tariffs are unjustified because Brazil's chemical sector runs a $7.9 billion trade deficit with the U.S., Abiquim said.

Exclusive: Mexico's antitrust watchdog accuses banks of joint price fixing
Exclusive: Mexico's antitrust watchdog accuses banks of joint price fixing

Reuters

timea day ago

  • Reuters

Exclusive: Mexico's antitrust watchdog accuses banks of joint price fixing

MEXICO CITY, July 25 (Reuters) - Mexico's antitrust watchdog COFECE has found that 21 banks and financial institutions operating in the country are likely responsible for fixing fees related to deferred credit card payments, according to a document produced by the government agency that was seen by Reuters. The 649-page document outlining the findings and listing the institutions and individuals allegedly involved includes the Mexican subsidiaries of HSBC (HSBA.L), opens new tab, Santander ( opens new tab and Scotiabank ( opens new tab. The document indicates that, based on preliminary findings, there is sufficient evidence to presume the parties may have engaged in anti-competitive conduct. COFECE began the investigation in 2022, saying at the time it was looking into suspected monopolistic practices, including price-fixing and manipulation in the market for deferred credit card payments, by which the cost of a purchase can be spread over several months. The antitrust authority alleges the institutions met regularly to set surcharges for merchants, which were then formalized in regulations and collectively enforced, while also excluding some merchants from the market. The banks listed in the document are being notified of the findings, the document says, marking the start of a trial-like phase in which the parties can present evidence and arguments in their defense before the watchdog's plenary issues a final resolution. It is unclear what the penalty would be if the allegations are upheld. By law, it can impose fines as high as 10% of a company's annual Mexican earnings. COFECE's remit is limited to issuing fines. It does not have the power to prosecute, but can file class-action lawsuits and submit reports to prosecutors who can initiate legal proceedings. Some of the other institutions cited are: Red Amigo DAL; Banco Mercantil del Norte; Banco Nacional del Ejercito, Fuerza Aerea y Armada; Servicios Financieros Soriana; Banco Regional; Banco INVEX, and Banco Azteca. Others include Banca Afirme; Banca Mifel; Tarjetas del Futuro; Liverpool PC; Banco del Bajio ( opens new tab; Banco Inbursa ( opens new tab; Klar Technologies; Crediclub; Oplay Digital Services; Caja Morelia Valladolid and Banco Ahorro Famsa. COFECE and the banks did not immediately respond to requests for comment. COFECE has previously targeted other major industries in high-profile actions. In August 2021, the agency fined five pharmaceutical distributors and 21 individuals roughly 903 million pesos ($48.65 million) for a decade of fixing prices and restricting the supply of essential medicines between 2006 and 2016. In October 2022, it imposed over 2.4 billion pesos in fines on more than 50 liquefied petroleum gas distributors across several states, finding evidence of coordinated price manipulation and market division. ($1 = 18.5605 Mexican pesos)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store