#Brazil #Latin America #EBANX #Curitiba #Spreedly

Spreedly and EBANX Join Forces to Enhance Digital Commerce in Latin America

In an exciting development for the ever-evolving landscape of digital commerce in Latin America, Spreedly, a recognized leader in open payment solutions, has partnered with EBANX, a prominent payment service provider specializing in emerging markets. This collaboration seeks to streamline access to alternative payment methods, offering international companies a unique opportunity to cater to the diverse payment preferences of Latin American consumers, particularly in countries like Brazil, Mexico, and Colombia.

Understanding the Dynamics of Latin American Digital Commerce

Latin America has witnessed remarkable growth in digital commerce, with its unique payment ecosystem playing a vital role. Beneath the surface, various alternative payment methods have surfaced, such as Brazil's widely embraced Pix instant payment system, e-wallets, and local cards. These options reflect the cultural and economic diversity of the region, making it essential for global merchants to adapt their payment strategies accordingly.

Through their partnership, Spreedly and EBANX aim to simplify the integration of these local payment methods. Companies like Busbud and Rocket Travel by Agoda will benefit from this partnership, allowing them to seamlessly accept Pix, cash vouchers, e-wallets, and both credit and debit cards, thereby providing customers with flexible payment options that resonate with their preferences.

The Pix Revolution

One of the standout offerings in this partnership is Pix, Brazil's instant payment platform that has swiftly become a game-changer in the country’s online travel sector. As per recent data from Payments and Commerce Market Intelligence (PCMI), Pix represents an impressive 33% of online travel payments in Brazil.

As Rose François, VP of Partnerships and Business Development at Spreedly, states,