Spreedly and EBANX partner to expand alternative payments in LatAm

By Gloria Methri

Spreedly has partnered with EBANX to enable international merchants to offer a broader range of alternative payment methods across Latin America. The collaboration gives global businesses seamless access to popular regional options such as Pix, e-wallets, local cards, cash vouchers, and installment payments.

“Latin America is a key market for global expansion, with diverse payment preferences driving success. Our collaboration with EBANX empowers merchants to offer local payment methods, enhancing customer satisfaction while supporting business growth in the region,” said Rose François, VP of Partnerships & Business Development at Spreedly.

The partnership supports payment localisation across all 17 countries where EBANX operates, including key markets like Brazil, Mexico, and Colombia, as well as emerging digital economies in Central America and the Caribbean.

“Latin America is on the radar of international companies because it offers solid expansion opportunities. Mexico and Peru, for example, are emerging digital markets with a growth potential of 25% and 20% per year by 2027, respectively. In Brazil, the expectation is that the online market, currently valued at an impressive $346 billion, will reach $586 billion by then,” said Daniel Kornitzer, VP Head of Global Partnerships at EBANX, citing data from Payments and Commerce Market Intelligence – PCMI.

With Latin America’s eCommerce market expanding rapidly, the integration allows companies such as Busbud and Rocket Travel by Agoda to better cater to the diverse payment preferences of local consumers. The unified framework helps global merchants tap into regional growth by offering familiar and trusted payment experiences.

Pix, Brazil’s instant payment system, is rapidly transforming digital commerce in key sectors such as travel and subscription services. According to PCMI data analysed by EBANX, Pix now accounts for 33% of online travel payments in Brazil.

“Integrating Pix with our platform allows for faster, secure, and low-cost transactions, which are crucial for travel companies serving international customers,” said François Deprey, Managing Director, International at Spreedly.

While alternative payment methods like Pix are projected to represent 44% of Brazil’s online sales by 2025, traditional cards remain significant in Latin America. Credit and debit cards still account for 54% of the region’s digital commerce, with local credit cards comprising a notable share of 21% of the total volume, rising to 34% in Brazil and over 20% in Argentina and Ecuador.

Through the EBANX–Spreedly partnership, merchants gain access to the strengths of both platforms, including above-average transaction success rates.