Latest news with #EBANX
FF News
10-07-2025
- Business
- FF News
EBANX Offers First Direct Integration for Cross-Border Merchants with Peruvian Wallet Yape
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
Yahoo
25-06-2025
- Business
- Yahoo
EBANX, APLAZO partner to expand flexible payments options in Mexico
Payment services company EBANX has partnered with Mexican fintech firm APLAZO, which specialises in buy now, pay later (BNPL) solutions. The collaboration aims to strengthen the offering of flexible payments in Mexico. It focuses on meeting the needs of international online merchants. Through this collaboration, international online merchants can now offer tailored financing options to their Mexican customers via EBANX's payment platform. For the first time, APLAZO's BNPL service will be available for cross-border e-commerce transactions, enabling global companies to reach a broader audience in Mexico. EBANX vice-president of product Eduardo de Abreu said: 'Mexico is one of the most dynamic markets in Latin America, where e-commerce is expected to grow 25% annually until 2027, with digital payment adoption aligned with this growth. "Partnering with APLAZO will allow us to expand our local reach and offer our global clients an alternative that directly responds to the preferences of Mexican consumers.' According to EBANX's analysis, combining alternative payment methods like APLAZO with local card options allows merchants to access over three times more Mexican consumers compared to relying solely on international acquirers. The integration of EBANX and APLAZO's solutions is expected to provide merchants with the ability to offer a more flexible payment experience. This could lead to benefits such as increased average ticket size, higher purchase frequency, reduced cart abandonment, and access to new market segments, according to APLAZO's press statement. APLAZO co-founder and CRO Alex Wieland said: 'Our mission at APLAZO is to provide access to credit in a fair, simple, and transparent manner. 'This partnership with EBANX reinforces our commitment to facilitating access to financing for millions of consumers in Mexico and accelerating the digitalisation of commerce in the country.' Since its launch in 2020, APLAZO has secured over $100m in equity financing and $75m in debt financing. EBANX, which has been operating in Mexico since 2015, supports local payments for global companies, connecting over 500 major digital businesses with customers across 29 countries in Latin America, Africa, and Asia. "EBANX, APLAZO partner to expand flexible payments options in Mexico" was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Finextra
24-06-2025
- Business
- Finextra
Aplazo to offer BNPL payments for cross-border e-commerce purchases
EBANX, a global technology company specializing in payment services for emerging markets, and APLAZO, a Mexican fintech specializing in Buy Now, Pay Later (BNPL) solutions, announce a strategic alliance to strengthen the offering of flexible payments in Mexico. 0 This collaboration enables international online merchants to offer their customers in Mexico accessible financing options tailored to their needs. For the first time, APLAZO will be available for cross-border e-commerce purchases through EBANX's payment platform. By combining alternative payments like APLAZO with local cards, global companies can reach over three times more Mexican consumers compared to relying solely on international acquirers, according to EBANX analysis. This allows merchants to target an additional customer base of 72 million people in the country, according to Payments and Commerce Market Intelligence (PCMI). 'Mexico is one of the most dynamic markets in Latin America, where e-commerce is expected to grow 25% annually until 2027, with digital payment adoption aligned with this growth,' says Eduardo de Abreu, VP of Product at EBANX, citing PCMI data. 'Partnering with APLAZO will allow us to expand our local reach and offer our global clients an alternative that directly responds to the preferences of Mexican consumers,' adds Abreu. The integration of EBANX and APLAZO solutions will allow merchants to offer a more flexible payment experience, potentially generating tangible benefits such as increased average ticket size, higher purchase frequency, reduced cart abandonment, and access to new market segments, all through a seamless and simple integration. 'Our mission at APLAZO is to provide access to credit in a fair, simple, and transparent manner. This partnership with EBANX reinforces our commitment to facilitating access to financing for millions of consumers in Mexico and accelerating the digitalization of commerce in the country," says Alex Wieland, CRO and co-founder of Aplazo. BNPL in Mexico BNPL is gaining traction in e-commerce in Mexico: the payment method is expected to grow by 20% in online sales this year, according to data from PCMI, and continue accelerating at an annual rate of 16% through 2027. This growth is being driven by strong adoption among younger generations. Data from APLAZO shows that 38% of millennials and 31% of Gen Z consumers in Mexico already use BNPL as a payment method. Track record APLAZO has secured over USD 100 million in equity financing and USD 75 million in debt financing since its launch in 2020. Its focus on fair and transparent financial solutions has been key to its rapid expansion in the Mexican market. Meanwhile, EBANX has consolidated its presence in Mexico since 2015, facilitating local payments for global companies and connecting over 500 of the world's largest digital companies with customers in 29 countries across Latin America, Africa, and Asia.
Korea Herald
17-06-2025
- Business
- Korea Herald
EBANX: Recurring Pix to unlock streaming and SaaS access for up to 60 million new consumers in Brazil
CURITIBA, Brazil, June 17, 2025 /PRNewswire/ -- Pix Automático, the new recurring payments feature within Brazil's popular instant payment system, has just launched. Introduced by the Central Bank of Brazil in 2020, Pix is already used by 91% of the country's adult population. With Pix Automático, global digital companies, particularly subscription-based providers, are expected to broaden their reach to new consumers in Brazil. EBANX, a global technology company specializing in payment solutions for emerging markets, is already integrated with Pix Automático and ready to connect its merchants to the new feature starting today. Global streaming platforms and SaaS companies are among the first merchants to integrate the new feature into their checkout pages through EBANX's solution. Over 170 million consumers use Pix, according to the Central Bank of Brazil. At the same time, 60 million Brazilians don't have credit cards. This way, Pix Automático improves accessibility and unlocks new revenue potential. For companies that depend on recurring payments and currently rely solely on credit cards, the launch of Pix Automático opens up a significant growth opportunity in Brazil. According to Payments and Commerce Market Intelligence (PCMI) data in EBANX's study Beyond Borders 2025, Pix Automático could unlock over USD 30 billion in online recurring payments within two years. " The new recurring feature of Pix is the key to democratizing access to subscription services, enabling unprecedented financial control to millions of Brazilians," says Eduardo de Abreu, VP of Product at EBANX. E-commerce growth With the new recurring feature, Pix is projected to surpass credit cards as the most widely used payment method in Brazilian digital commerce by the end of 2025. The system is already the fastest-growing payment method for online purchases, considering emerging markets in Latin America, Africa, Southeast Asia, and India, with an annual growth rate of 35% through 2027, per PCMI's projections. This growth is related to today's launch. " Sectors with low Pix participation in transaction volume should experience a change in the coming years," projects Abreu, from EBANX. For SaaS and streaming companies, Pix accounts for 13% and 2% of all online volume transacted, respectively. The average across all verticals is 40%. These two sectors are still dominated by credit cards, with shares of 79% for streaming companies and 86% for SaaS. " Card volume is not expected to decline in sectors where recurring payments are key, but instead to grow alongside the overall market," states the VP of Product at EBANX. According to PCMI, Brazilian e-commerce is expected to grow by 40% over the next two years, representing an additional USD 167 billion in online purchase volume. ABOUT EBANX EBANX is the leading payments platform connecting global businesses to the world's fastest-growing digital markets. Founded in 2012 in Brazil, EBANX was built with a mission to expand access to international digital commerce. Leveraging proprietary technology, deep market expertise, and robust infrastructure, EBANX enables global companies to offer hundreds of local payment methods and streamline cross-border payments across Latin America, Africa, and Asia. More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and end-users alike.
Yahoo
16-06-2025
- Business
- Yahoo
EBANX: Recurring Pix to unlock streaming and SaaS access for up to 60 million new consumers in Brazil
Available from today for people and businesses, Pix's new recurring feature is already integrated by EBANX Global streaming platforms and SaaS companies are among the first merchants to offer Pix Automático through EBANX Pix is already used by 91% of the adult population Pix Automático has the potential to unlock over USD 30 billion in online recurring payments within two years CURITIBA, Brazil, June 16, 2025 /PRNewswire/ -- Pix Automático, the new recurring payments feature within Brazil's popular instant payment system, launches today. Introduced by the Central Bank of Brazil in 2020, Pix is already used by 91% of the country's adult population. With Pix Automático, global digital companies, particularly subscription-based providers, are expected to broaden their reach to new consumers in Brazil. EBANX, a global technology company specializing in payment solutions for emerging markets, is already integrated with Pix Automático and ready to connect its merchants to the new feature starting today. Global streaming platforms and SaaS companies are among the first merchants to integrate the new feature into their checkout pages through EBANX's solution. Over 170 million consumers use Pix, according to the Central Bank of Brazil. At the same time, 60 million Brazilians don't have credit cards. This way, Pix Automático improves accessibility and unlocks new revenue potential. For companies that depend on recurring payments and currently rely solely on credit cards, the launch of Pix Automático opens up a significant growth opportunity in Brazil. According to Payments and Commerce Market Intelligence (PCMI) data in EBANX's study Beyond Borders 2025, Pix Automático could unlock over USD 30 billion in online recurring payments within two years. "The new recurring feature of Pix is the key to democratizing access to subscription services, enabling unprecedented financial control to millions of Brazilians," says Eduardo de Abreu, VP of Product at EBANX. E-commerce growth With the new recurring feature, Pix is projected to surpass credit cards as the most widely used payment method in Brazilian digital commerce by the end of 2025. The system is already the fastest-growing payment method for online purchases, considering emerging markets in Latin America, Africa, Southeast Asia, and India, with an annual growth rate of 35% through 2027, per PCMI's projections. This growth is related to today's launch. "Sectors with low Pix participation in transaction volume should experience a change in the coming years," projects Abreu, from EBANX. For SaaS and streaming companies, Pix accounts for 13% and 2% of all online volume transacted, respectively. The average across all verticals is 40%. These two sectors are still dominated by credit cards, with shares of 79% for streaming companies and 86% for SaaS. "Card volume is not expected to decline in sectors where recurring payments are key, but instead to grow alongside the overall market," states the VP of Product at EBANX. According to PCMI, Brazilian e-commerce is expected to grow by 40% over the next two years, representing an additional USD 167 billion in online purchase volume. ABOUT EBANXEBANX is the leading payments platform connecting global businesses to the world's fastest-growing digital markets. Founded in 2012 in Brazil, EBANX was built with a mission to expand access to international digital commerce. Leveraging proprietary technology, deep market expertise, and robust infrastructure, EBANX enables global companies to offer hundreds of local payment methods and streamline cross-border payments across Latin America, Africa, and Asia. More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and end-users alike. For further information, please visit:Website: Media Contact:Leonardo Stamilloleo@ CO View original content to download multimedia: SOURCE EBANX Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
