Information Technology
Global companies are betting on alternative payments and cards mix to drive growth in Latin America
As Latin America's digital commerce rapidly grows, especially in countries like Brazil , Mexico , and Colombia , international companies are increasingly looking to localize their payment offerings. The partnership provides a unified framework for businesses to offer payment methods like Pix, e-wallets, cash vouchers, and debit and credit cards, including local brands and installments.
" " said , VP of Partnerships & Business Development at Spreedly.
The partnership extends to all 17 countries EBANX operates in Latin America , from the largest markets like Brazil , Mexico , and Colombia , to newer digital markets like Peru , and Chile , as well as countries in Central America and the Caribbean .
" " said , VP Head of Global Partnerships at EBANX, citing data from Payments and Commerce Market Intelligence – PCMI.
Pix, Brazil's instant payment system, is revolutionizing the digital commerce landscape, particularly in the travel vertical. According to PCMI data analyzed by EBANX, Pix already accounts for 33% of online travel payments in the country. " " said , from Spreedly.
Streaming platforms and SaaS providers are also benefitting from Pix, especially with the upcoming Pix Automático feature, which will enable recurring payments starting in June 2025 . " " concluded , from EBANX.
While alternative payment methods like Pix are on the rise (expected to represent 44% of Brazil's online sales by 2025), traditional cards still play a significant role in LatAm. Credit and debit cards account for 54% of total digital commerce in the region, with local credit cards comprising a large portion of this total: 21% of the total value, going as high as 34% in Brazil and over 20% in Argentina and Ecuador , per PCMI data.
" " added.
Through the partnership between EBANX and Spreedly, merchants will benefit from the high transaction success rates of both fintech companies, which are above the industry average. " " explained
. " "
Merchants also benefit from easy integration, access to multiple local markets, and a broad range of payment options, enabling scalability, cost optimization, and compliance with local regulations. " " concluded , from Spreedly.
Spreedly's open payments platform enables access to the global consumer, processing more than $50B GMV annually in more than 100 countries. Built to overcome the challenges of commerce in a cashless world, we empower our merchants through an open, secure and inclusive payment ecosystem, unlocking choice among PSPs, fraud tools and other innovative payment services.
For further information, please visit:
Website: https://www.spreedly.com
LinkedIn: https://www.linkedin.com/company/spreedly/
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 across Latin America , Africa , and Asia . More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and consumers alike.
For further information, please visit:
Website: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/company/ebanx
Media Contact:
Leonardo Stamillo
leo@contentco.tech
Content CO
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