What is EBANX? EBANX Review, Features

Headquartered in Brazil, EBANX is a global financial group with Latin American DNA. Its multicultural and diverse team and deep-rooted influence in Latin America have enabled it to have an outstanding understanding of the local payment market and provide complete payment solutions for the Brazilian, Mexican, Colombian, Chilean and Peruvian markets.

Market scope

Brazil, Mexico, Argentina, Chile, Colombia, Peru, Ecuador, Bolivia.

Payment Methods

1. Integrated solutions sold in Latin America

EBANX helps your multinational business grow faster in Latin America by providing a local payment experience and processing payments for your customers.

2. Payment method

Accept local payment methods in Latin America through EBANX, providing more than 100 local payment methods in Latin America.

3. It is expected that the amount of money processed in 2018 will reach 1.5 billion US dollars

More than 6 million transactions per month; more than 19 million customers will confirm payments in 2018.

The industry's highest security standard, i.e. Level 1 PCI DSS.

4. Payment by voucher

Voucher payments are part of everyday life for Latin Americans. In Brazil, 15% of payments are made via Boleto, the country’s preferred voucher payment method.

5. Credit and Debit Cards

About 70% of consumers in Latin America have bank cards that cannot make cross-border payments.

6. Online alternative payment

Many Latin Americans trust traditional online payment options, such as bank transfers, to pay for online purchases. However, they have several different online payment methods besides credit cards.

7. The best technical and engineering solutions, services and human resources to support your business.

With EBANX, you get the full suite of services for free. When we close a deal, our commitment is to provide the best and most comprehensive service at no additional cost, regardless of business size, industry or country.

Advantages

1. Fully localized solution

Access to over 100 local payment methods and direct connections to over 50 banks and processors in Latin America.

2. Global Settlement and Local Collection

Sell ​​in local currency and get USD everywhere. Rely on 24-hour fixed exchange rates, optimize taxes and enable customers to pay in installments while you receive the full amount at once.

3. LatAm-centric and effective localization

EBANX was created in Latin America and we are investing all our energy into the region. Our local presence makes us ideally suited to help your business succeed.

4. High-tech and powerful platform

Over 100 engineers, 500,000 lines of code per year, 2 million API transactions per day. Our platform provides proprietary solutions and scalable APIs for any type of business.

5. Risk management and protection

The best certifications on the market, regionalized fraud solutions for compliance, and a cloud-based platform for maximum fault tolerance and stability.

6. Comprehensive merchant services

Get deep access to your data, rely on dedicated account management, market intelligence, and attend the largest cross-border events in Latin America.

Development History

- In 2012, EBANX was born, revolutionizing the e-commerce market in Latin America by enabling local payments on international websites.

-In 2013, AliExpress began to provide EBANX payment solutions to customers in Brazil.

- In 2014, EBANX has changed the way consumers buy in Brazil, Mexico, Colombia, Chile and Peru.

- In 2015, the famous Airbnb booking site started offering EBANX solutions and we reached the amazing mark of 10 million consumers.

- In 2016, more than 100 websites used EBANX solutions. Among them, Facebook, Sony PlayStation, Wish and Spotify.

-In 2017, EBANX began to provide services in Argentina to promote consumer purchases.

- In 2018, EBANX included Ecuador in its portfolio and facilitated the purchase of 35 million users in 7 Latin American countries. We also received a $30 million contribution from the American company FTV Capital.

-In June 2018, Camel Financial reached a cooperation with EBANX, a cross-border payment service provider in Latin America, and officially launched CamelFin cashier, covering local transfer payments of more than 180 banks in Latin America and local credit card acquiring in multiple countries, providing DHgate.com customers in the region with a more efficient and convenient payment experience.

-In May 2019, Brazilian fintech Ebanx announced its operations in Brazil, with its platform capable of processing payments for more than 1,000 international websites.

-In September 2019, AliExpress, a subsidiary of Alibaba Group, plans to launch the first AliExpress shopping experience store in Brazil in cooperation with financial technology company EBANX.