EBANX Payment Processing for Online Retail

Boost Your Online Retail Revenue in Latin America and Africa With EBANX

Onboard sellers internationally, choose your preferred settlement format, establish payouts to your vendors, provide hybrid single transactions, and increase your revenue by enabling a smooth purchase experience to your customers.

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Global E-commerce Companies Growing with EBANX

Latin America and Africa - Fast-Growing

E-commerce Markets

Latin America's Market Potential

  • Worth USD 510 billion, digital commerce in Latin America will nearly double its size by 2026- 78% of Latin Americans (351 million people) made online purchases in 2023.

  • Brazil is the leading force in the region, boasting a remarkable USD 275 billion market and ranking fourth worldwide in digital buyers. It is followed by Mexico, Colombia, Chile, Argentina, and Peru.

Source: PCMI, 2023 + Latin America: 15 countries (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Mexico, Panama, Paraguay, Peru, Uruguay)

Payment Preferences in Latin America

  • Cards are the preferred payment method for online purchases, with credit cards commanding 48% of the market and debit cards holding 10%.

  • Account-based transfers are forecasted to achieve a CAGR of 38% between 2022 and 2026, driven by instant payments such as Pix in Brazil.

  • 7 out of 10 Latin Americans have made or received payment through digital rails.

Africa's Market Potential

  • Africa & Middle East are the regions with the fastest-growing gaming market, reaching +6.6% YoY growth.

  • With a burgeoning population of 1.4 billion, Africa boasts a youthful, mobile-first demographic, making it an ideal gaming market. Africa's largest markets are South Africa, Egypt and Morocco.

Payment Preferences in Africa

  • Mobile money is the favored online shopping payment method in Eastern and Southern Africa.

  • Only 3 out of 10 people have credit cards in Africa. Thus, mobile money, cash-based, and bank transfers are the preferred options.

  • In South Africa and Nigeria, bank transfers represent 22% of payments, while in Egypt, Fawry, a cash-based payment method, dominates with a 53% share.

Sources: EBANX Internal Data, 2022, PCMI 2023.

One Platform, One Integration, For All Your Payment Needs

Global online retail and marketplaces need a full-stack payments platform with built-to-fit solutions to support their operations in Africa and Latin America.

Credit card Installments

Increase order value and conversion rates by offering installment plans for credit card payments, allowing buyers to pay monthly while you receive the full amount upfront.


Enable payouts within 1 hour using diverse payment methods. EBANX allows e-commerce businesses to pay sellers in local currency with near real-time confirmation. Process single or mass payouts through digital wallets, bank transfers, or local methods.

Global Setlement

Charge in local currency and receive payments in dollars worldwide with EBANX Global Settlement, ensuring financial stability, fixed FX rates, and reduced currency risks.

Single Transaction

Improve conversion rates and user experience by unifying international and local sellers in one checkout with EBANX exclusive Single Transaction solution.

Fraud and Risk Management

EBANX's anti-fraud system ensures precise transaction risk evaluations, leveraging generative AI, machine learning, and anomaly detection processes.

Local Expertise

EBANX leverages local expertise to facilitate seamless expansion for e-commerce platforms. Businesses can get a checkout in the customer’s language, accept local currencies, and rely on a payment partner who understands the local buyer's payment preferences in each market.

Countries Available for Expansion (Supported by EBANX)



Costa Rica





Dom. Republic















El Salvador

Ivory Coast




South Africa


Case Studies: Growing in Latin America with EBANX

Selling in Latin America and Africa is Much Easier With EBANX

Ready to Expand Your Business?