EBANX launches solution for international websites to accept Caixa debit card in Brazil

EBANX launches solution for international websites to accept Caixa debit card in Brazil
14.05.2020 03:47 pm

EBANX launches solution for international websites to accept Caixa debit card in Brazil


EBANX, a Brazilian fintech known for providing payment solutions from Brazil and other countries in Latin America to global businesses, started offering to its international merchants the virtual debit card recently launched by the Brazilian Caixa Econômica Federal. Thus, international merchants of EBANX can offer this payment method to their Brazilian consumers.

Currently, only 3.5% of online transactions in Brazil are made using debit cards, according to a survey by AMI (Americas Market Intelligence) – which is, however, one of the most popular payment methods among Brazilians. There are about 115 million active debit cards in the country, according to the Central Bank of Brazil, against 98 million credit cards.

"The acceptance of Caixa Econômica Federal's new virtual debit card further reinforces EBANX's greatest goal: to create access. It is a way of bringing even more into the global e-commerce an entire Brazilian population that uses this payment method. And at the same time, to create the bridge so that the greatest websites in the world can reach these consumers," said Erika Daguani, B2B product director at EBANX.

The new EBANX solution is available to all international websites that are clients of the fintech, and who want to offer this payment method to Brazilians. In order to start offering it, the website must integrate the EBANX solution as a new option in its checkout.

On the side of Brazilian consumers who have Caixa's debit card, they only need to choose debit as the payment method at the checkout of the websites they are purchasing from, if this is an option offered by the website itself.

Related News

Finzly Wins “Best Enterprise Payments Solution” and “Best of Show” at FinovateFall 2020

Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance,... Read more »

Universal Digital Lending Platform by Nets and OpenWay Recognized as “Best Consumer Payments Initiative”

Nets, one of Europe’s leading processors, and OpenWay, a top-ranked digital payments software provider, have won the “Best Consumer Payments... Read more »

Finastra to Drive Financial Inclusion Worldwide

Finastra has announced plans around a range of initiatives which will enable its customers to... Read more »

Anglian Water Launches its Digital Transformation with Bottomline

Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, today announced Anglian Water’s... Read more »

Paymentology Partners With Intercash to Enter Latin American Market

UK cloud-native payment processor Paymentology has extended its global footprint into the Latin America and Caribbean regions as it announces a partnership... Read more »

FSS and Everlink to Drive Card Payments Growth in Canada

FSS (Financial Software and Systems), a global payments technology company, announced today that Canada’s Everlink Payment Services Inc., a... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel