THEEBANX, a global technology company specializing in payment services for emerging markets, extended the four-year partnership with theStripe, a programmable financial services company, to expand the range of payment methods in Brazil. Companies using Stripe to process international payments can now accept payments from Brazilian customers via Pix and process transactions in Reais, with settlement available in their local currency.
Our partnership with EBANX is important to expand 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 is being sold. Customers prefer payment methods they know and trust, which directly impacts financial results. Our research showed that companies using Stripe and offering at least one relevant payment method besides cards increased revenue by 12% and improved conversion by an average of 7%., statedKrishnan Rajagopalan, Global Director of Expansion, Strategy, and Incubation Partnerships at Stripe.
An analysis by EBANX based on data from the Payments and Commerce Market Intelligence (PCMI) research institution, the World Bank, and the Central Bank of Brazil revealed similar conclusions: by offering local payment methods in international transactions, global e-commerce companies can reach twice as many consumers in Brazil compared to using only international acquirers. Internal EBANX data also shows that global companies that started accepting Pix experienced a 16% increase in revenue and a 25% growth in the number of consumers in just six months.
Working with Stripe to offer Pix was the natural way. There are 60 million people in Brazil who do not have a credit card. Meanwhile, 93% of Brazilian adults use Pix, and by the end of this year, the use of this method is expected to surpass credit cards in online shopping, according to projections by PCMI published in the EBANX study.Beyond Borders 2025In short, our partnership with Stripe strengthens the participation of Brazilian consumers and businesses in the global economy., statedJohn Del ValleCEO and Co-founder of EBANX.
Both companies directly integrated with Stripe and those using global e-commerce management platforms operating on Stripe's infrastructure can now offer Pix for international transactions.
B2B companies (business-to-business), which sell to other companies, 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 online sales value between companies, more than double the e-commerce transactions for consumers, which amount to 20%. The Bank Slip (Boleto Bancário) ranks second, accounting for 25% of the value of online B2B transactions in Brazil.
