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EBANX: Middle Eastern companies can capitalize on e-commerce in emerging markets set to surpass USD 1 trillion by year-end
EBANX's study shows that , twice the global average of 9.5%, projected by GlobalData. The research highlights key consumer trends and payment preferences, helping merchants tailor their strategies to maximize success. With EBANX's cross-border payment solutions, Middle Eastern businesses can seamlessly connect with consumers in these dynamic regions.
The booming e-commerce market is one of the main factors fueling consumer spending growth in rising regions. In Southeast Asia and India , consumer spending is expected to rise by , followed by and , according to projections by the World Data Lab (WDL) featured in Beyond Borders. This rapid expansion, powered by young, digital-first populations and increasing internet penetration, presents lucrative opportunities for Middle Eastern businesses looking to expand internationally.
" " said , CEO and Co-founder of EBANX. " "
Consumer demand for real-time, seamless, and cost-effective transactions has made UPI, mobile money, and Pix the leading alternative payment methods for online purchases in India , Kenya , and Brazil , respectively. , according to data from PCMI in Beyond Borders.
Features like Pix Automático, set to launch in mid-2025, will unlock new recurring payment use cases and accelerate adoption in Brazil's e-commerce. , per PCMI. This is a substantial figure, considering this credit card-dominated market vertical currently handles USD 50 billion annually in Brazil . EBANX's study also predicts that the new recurring feature will account for 12% of all Pix's online transaction volume by 2027.
Pix, UPI, and mobile money are also among the fastest-growing payment methods in online sales across emerging markets, expected to accelerate by 35%, 18%, and 16% per year by 2027, in that order. Debit cards are also one of the "game changer payment methods", capturing 32% of the market across emerging economies, and still sustaining a 24% CAGR by 2027.
" ," said the CEO of EBANX. " "
http://bit.ly/EBANXBeyondBorders2025 .
EBANX is the leading payment platform connecting global companies with customers from the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales, and fostering seamless purchase experiences for businesses and clients.
For further information, please visit:
Website: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/company/ebanx
Media Contact:
Shan Huang
shan.huang@ahgstrategies.com
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