We’re excited to share that we’ve joined forces with Brazil-based fintech company FitBank to reinforce our payment proposition in Latin America.
The alliance enables us to strengthen our cross-border payments offering to merchants and partners targeting the sought-after Brazil eCommerce market. By leveraging FitBank’s platform, we’re providing our global merchants with additional infrastructure to accept Pix and Boleto payments in Brazil. Furthermore, other benefits include fortifying our risk management capabilities, ensuring even more heightened security and fraud prevention measures for merchants.
This collaboration highlights our position as a trusted payment service provider for cross-border payments in Latin America and is poised to extend in the future into more countries in the region, such as Mexico and Colombia to name a few.
This announcement comes at a pivotal moment as demand for seamless and efficient real-time payments transactions in the region continue to grow. Brazil ranks among the top countries in terms of processed real-time payments. Pix, Brazil’s most popular instant payment method, boasted more than 150 million users, while its transaction value reached nearly 11 trillion Brazilian reals - or roughly 2.1 trillion US dollars, according to Statista.
André Boesing, VP International Business Development at emerchantpay, says:
“Our alliance with FitBank is a strategic move as we continuously enhance our payment solution in Latin America. By combining FitBank’s modern and innovative platform with emerchantpay’s powerful cross-border payment offering, we are providing our international merchants with an even more resilient and streamlined payment experience, significantly impacting their conversions.”
Otávio Farah, co-founder and CEO at FitBank, added:
“The collaboration between FitBank and emerchantpay underscores our shared commitment to bring smart and safe solutions for the markets we serve, delivering best in class performance and service. We’re happy to see aligned shared values between the companies, leveraging each company’s strengths. We are well placed to continue leading the market by delivering the most modern solutions for businesses targeting Brazil and the Latin America region.”
Tap into new global markets with emerchantpay
emerchantpay is a leading global payment service provider and acquirer, with over 20 years of experience in making payments easy for businesses of all sizes. Our extensive in-house and global acquiring services allow merchants to accept payments seamlessly across the globe and optimise their conversions. With our state-of-the-art payments platform, merchants can process transactions in over 150 currencies and settle in 25 currencies.
We also offer one-on-one payments expertise, with merchants having access to their very own Account Manager and Risk Analyst, in addition to round-the-clock technical support. We’ll assist you in pinpointing key areas for improvement to help you optimise your payments flow.
If you’d like to find out more about how emerchantpay can help you optimise your payments’ strategy with cross-border payments, please contact a member of our team today.