Companies can now expand to anywhere in Latin America, one of the fastest-growing digital markets worldwide
Payments fintech company Ebanx has announced Ebanx One, its ultimate payments solution for global companies in Latin America.
That’s a proprietary payment platform that allows global companies with local or international operations to connect to hundreds of payment methods in Latin America, in all 15 countries where Ebanx operates.
According to the press release, Ebanx One offers hybrid combinations of operational models in only one system integration: payment processing with international and/or domestic settlement, domestic and international payout.
Through the platform, one company can sell in LatAm countries, in local currency, and receive the settlement of collected payments in US dollars anywhere in the world, without the need of a local entity. It is also possible to settle in China, in CNY. Simultaneously, the same company can sell locally in LatAm countries and receive its balance domestically, also in local currency.
We’ve reported that Western Union services are now live at over 4,500 Walmart stores.