emerchantpay, a leading global payment service provider and acquirer, joins forces with Brazil-based fintech company FitBank to reinforce emerchantpay’s payment proposition in Latin America.  

The alliance enables emerchantpay to strengthen its cross-border payments offering to merchants and partners targeting the sought-after Brazil eCommerce market. By leveraging FitBank’s platform, emerchantpay is providing its global merchants with additional infrastructure to accept Pix and Boleto payments in Brazil. Furthermore, other benefits include fortifying emerchantpay's risk management capabilities, ensuring even more heightened security and fraud prevention measures for merchants.  

This collaboration highlights emerchantpay’s 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 continues to grow. Brazil ranks among Brazil ranks among the top countries globally 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. 

“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”, comments Andre Boesing, VP International Business Development at emerchantpay.  

“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”, comments Otávio Farah, co-founder and CEO at FitBank.