HomeNewsLaunchesStripe now offers Pix in Brazil in partnership with EBANX

Stripe now offers Pix in Brazil in partnership with EBANX

The EBANX, a global technology company specializing in payment services for emerging markets, has extended its four-year partnership with Stripe, a programmable financial services company, to expand its payment methods offering in Brazil. Businesses using Stripe to process international payments can now accept payments from Brazilian customers via Pix and process transactions in Brazilian Reais, with settlement available in their local currency.

"Our partnership with EBANX is important for expanding the reach of Stripe users in Brazil, the largest market in Latin America. In today's global commerce, offering the most effective payment options is often as important as what's being sold. Customers prefer payment methods they know and trust, which directly impacts financial results. Our research has shown that companies using Stripe and offering at least one relevant payment method other than cards increased revenue by 12% and improved conversion by 7% on average.", stated Krishnan Rajagopalan, Global Director of Expansion, Strategy and Incubation Partnerships at Stripe.

An EBANX analysis based on data from the Payments and Commerce Market Intelligence (PCMI) research institution, the World Bank, and the Central Bank of Brazil revealed similar findings: by offering local payment methods in international transactions, global e-commerce companies can reach twice as many consumers in Brazil as they could exclusively through international acquirers. Internal EBANX data also shows that global companies that began accepting Pix saw a 16% increase in revenue and a 25% increase in the number of consumers in just six months.

"Working with Stripe to offer Pix was the natural path. There are 60 million people in Brazil who don't have a credit card. Meanwhile, 931,000 Brazilian adults use Pix, and by the end of this year, the use of this method is expected to surpass credit cards for online purchases, according to PCMI projections published in the EBANX study." Beyond Borders 2025. In short, our partnership with Stripe strengthens the participation of Brazilian consumers and businesses in the global economy.”, stated John Del Valle, CEO and Co-founder of EBANX.

Both companies directly integrated with Stripe and those using global e-commerce management platforms that operate on Stripe's infrastructure can now offer Pix for international transactions.

B2B (business-to-business) companies, which sell to other businesses, also benefit from conducting transactions via Pix. The system offers security and facilitates high-value payments. According to the Beyond Borders 2025 study, Pix already accounts for 51% of the value of online sales between companies, more than double the value of e-commerce transactions to consumers, which correspond to 20%. Boleto Bancário ranks second, accounting for 25% of the value of online B2B transactions in Brazil.

E-Commerce Uptate
E-Commerce Uptatehttps://www.ecommerceupdate.org
E-Commerce Update is a benchmark company in the Brazilian market, specializing in producing and disseminating high-quality content on the e-commerce sector.
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