EBANX has expanded its four-year collaboration with programmable financial services provider Stripe to increase access to Brazilian payment methods for merchants worldwide.

Businesses using Stripe can now offer Pix, the instant payment system developed by the Central Bank of Brazil.

Transactions can be processed in Brazilian reais, with settlement in the merchant’s domestic currency.

“Our partnership with EBANX is important for increasing Stripe users’ reach in Brazil, Latin America’s largest market. For global commerce today, enabling how customers pay is often just as important as what’s being sold. Customers prefer payment methods they know and trust, which directly impacts the bottom line. Our research found businesses on Stripe that offered at least one additional relevant payment method beyond cards grew revenue by 12% and improved conversion by 7% on average,”

said Krishnan Rajagopalan, global head for Expansion, Strategics and Incubation Partnerships at Stripe.

EBANX’s analysis, based on data from Payments and Commerce Market Intelligence (PCMI), the World Bank, and the Central Bank of Brazil, found that providing local payment methods in cross-border transactions can double the potential consumer base in Brazil compared with relying solely on international acquirers.

According to EBANX, merchants offering Pix recorded a 16% rise in revenue and a 25% increase in customers within six months.

“Working with Stripe to offer Pix is a no-brainer. There are 60 million people in Brazil who lack a credit card. Meanwhile, 93% of Brazilian adults use Pix and, by the end of this year, its usage is projected to surpass credit cards in online purchases, according to PCMI in EBANX’s study Beyond Borders 2025. Working together with Stripe ultimately empowers Brazilian consumers and businesses to participate more fully in the global economy,”

said João Del Valle, chief executive and co-founder of EBANX.

Both companies confirmed that Pix is now available for cross-border transactions to businesses directly integrated with Stripe and those operating on e-commerce platforms using Stripe’s infrastructure.

B2B transactions are also expected to benefit from Pix, which offers security and facilitates high-value payments.

According to Beyond Borders 2025, Pix accounts for 51% of the value of online sales between businesses, more than double the 20% share of consumer e-commerce.

Boleto Bancário, a bank slip payable both online and offline, ranks second with 25% of online B2B transaction value in Brazil.

Featured image credit: Edited by Fintech News America, based on image by Freepik