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EBANX and Visa expand strategic partnership in Brazil

EBANX and Visa announce the extension of a strategic partnership, sealed by the Participation Agreement in the Money Transfer Merchant Program of Visa. Signed with Visa do Brasil, it strengthens the relationship between the two companies and focuses on offering payment services to international websites that sell to Brazil using EBANX solutions, and also to Brazilian consumers who buy from these websites.

“Our goal at EBANX is to create access, offering the best payment services and solutions to connect Latin Americans and global businesses. It is a pleasure to have a partner such as Visa, with its reach, at our side in this purpose,” said Wagner Ruiz, co-founder and CFO of EBANX. “When it comes to merchants, the partnership seeks to streamline and improve integrations and processes for the payment offering to their consumers in Brazil, which, at the end of the day, contributes to improvements in sales in the country,” Ruiz explained.

“With the growth of global digital commerce, an increasing number of consumers are looking for ways to consume products and services through international e-commerce stores. At the same time, foreign merchants want to increase sales and expand their businesses to Latin America and Brazil in particular. Based on this trend, Visa adapted its rules to facilitate and expand the commerce, and the access for Brazilian consumers to products and services from outside Brazil. Visa, as a global company accepted in more than 200 countries, has technologies that allow this transaction to happen in a safe, transparent and practical way,” said Marcos Marins, executive director of Sales for Commerce at Visa do Brasil.