StartNewsLaunchesStripe to offer Pix in Brazil in partnership with EBANX

Stripe to offer 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, programmable financial services company, to expand the offer of payment methods in Brazil. Companies that use Stripe to process international payments can now accept payments from Brazilian customers via Pix and process transactions in Real, with settlement available in their local currency.

“Our partnership with EBANX is important to extend 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 that use Stripe and offer at least one relevant payment method in addition to cards have increased revenue by 12% and improved conversion at 7% on average”, he said Krishnan Rajagopalan, global director of Expansion, Strategy and Incubation Partnerships at Stripe.

An EBANX analysis 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 as exclusively with international acquirers. Internal EBANX 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 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 should surpass credit cards in online purchases, according to PCMI projections published in the EBANX study Beyond Borders 2025in short, our partnership with Stripe strengthens the participation of Brazilian consumers and companies in the global” economy, he said Joao Del ValleCEO and Co-Founder of EBANX.

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

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

E-Commerce Update
E-Commerce Updatehttps://www.ecommerceupdate.org
E-Commerce Update is a leading company in the Brazilian market, specialized in producing and disseminating high-quality content about the e-commerce sector.
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