💡 Brazilian Fintech🇧🇷 EBANX on the Move: Innovation is Needed Where There are Unmet Demands
💡 Brazilian Fintech🇧🇷 EBANX on the Move: Innovation is Needed Where There are Unmet Demands
In addition to Latin America, the company is present in 29 countries, including regions in Africa and Europe, as well as the USA🇺🇸, China🇨🇳, Singapore🇸🇬, and India🇮🇳. The priority is developing country markets, and in its home region, EBANX specializes mainly in cross-border payments.
➡️ According to the EBANX report, the most promising market for the fintech is India, which is expected to add an astounding 34 million new consumers of digital services in 2024 alone (nearly a third of the global total).
➡️ By 2026, the digital markets of Latin America and Africa could reach a total turnover of 1 trillion USD. Where there is poverty and an underdeveloped banking structure, digitalization emerges.
➡️ Industry Trend to Leverage: Despite growing demand, digital solutions at the B2B level still lag behind consumer payments. Therefore, B2B payments must become more user-friendly, faster, and integrated into everyday business practices.
➡️ Getting Ready: Last week, EBANX obtained ISO/IEC 27701:2019 certification. This certification ensures that the company applies best market practices in data privacy protection and complies with strict international standards.
➡️ ... and finally, a regional touch: in December 2023, EBANX added the Bancolombia Button payment method to its portfolio🇨🇴, created by Colombia's largest private bank. Now, merchants can place the button on their websites, allowing 19 million bank customers to use it.
#news #Brazil #Colombia #India
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