🎉Brazil🇧🇷: partnership between Stripe and local fintech Ebanx will enable foreign merchants to accept payments in Brazilian reals via #Pix

🎉Brazil🇧🇷: partnership between Stripe and local fintech Ebanx will enable foreign merchants to accept payments in Brazilian reals via #Pix
…and those reals will be quickly converted into the merchant’s national currency.

▶️Regional context: after a sharp decline in 2024, in the first half of 2025 Latin America posted a 24.7% growth in US dollar terms, becoming a favorite for foreign investors. 87.9% of the MSCI LatAm index is made up of Brazil🇧🇷 and Mexico🇲🇽.

▶️Brazil context: despite raising the interest rate to 15% late last month, the economy continues to perform well. Additionally, 60 million Brazilians do not have a credit card, and 93% of adults use Pix. It is expected that by the end of this year, Pix usage in online purchases will surpass that of credit cards.

▶️EBANX analysis, based on data from Payments and Commerce Market Intelligence (PCMI) and the Central Bank, confirms that using local payment methods in international transactions allows global companies to double their reach compared to services involving foreign acquirers.

The partnership between Stripe and Ebanx is expected to last 4 years.

#news #Brazil

🏦Payouter.com — trusted payment partner for the CIS and 🇮🇳India: UPI P2C conversion rate of 54% for FTD