The EBANX, a global technology company specializing in payment services for emerging markets, has expanded its four-year partnership with Stripe, a programmable financial services company, to expand the offering of payment methods in Brazil. Companies using Stripe to process international payments can now accept payments from Brazilian customers via Pix and settle transactions in Brazilian Real, 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 has shown that companies using Stripe and offering at least one relevant payment method beyond cards increased revenue by 12% and improved conversion by 7% on average,” said Krishnan Rajagopalan, Global Head of Expansion, Strategy, and Incubation Partnerships at Stripe.
An analysis of EBANX based on data from the research institution Payments and Commerce Market Intelligence (PCMI), 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 than exclusively with international acquirers. EBANX’s internal data also shows that global companies that started accepting Pix had a 16% increase in revenue and 25% growth 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 do not have a credit card. Meanwhile, 93% of Brazilian adults use Pix and, by the end of this year, the usage of this method is projected to surpass credit cards in 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 companies in the global economy,” said João Del Valle, CEO and Co-founder of EBANX.
Both companies directly integrated with Stripe and those using global e-commerce management platforms that operate with Stripe’s infrastructure can now offer Pix for international transactions.
Business-to-business (B2B) 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 transactions of e-commerce for consumers, which represent 20%. Boleto Bancario occupies the second position, accounting for 25% of the value of online B2B transactions in Brazil.