In the dynamic landscape of global commerce, China has been forging increasingly robust business ties with emerging markets. This trend presents a huge opportunity in the business-to-business (B2B) payment space. Ebanx, a Brazilian financial technology company focused on e-commerce, has keenly observed this demand for payment digitization in the B2B sector within China and beyond.
The Real-Time Payments Revolution
As real-time payments (RTP) gain prominence worldwide, businesses are seeking cheaper, faster, and more efficient ways to transact. Merchant acceptance is on the rise, and the forecasted annual growth rate for real-time transactions between 2022 and 2027 stands at an impressive 21.3%. Ebanx recognizes that the same digital revolution that transformed the consumer market is now reshaping B2B payments in a scalable manner. Paula Bellizia, President of Global Payments at Ebanx, emphasizes the immense potential arising from China’s deepening business connections with other emerging markets.
The Role of Ebanx
Ebanx operates across 29 countries in Latin America, Africa, and Asia. Its services enable e-commerce platforms to seamlessly integrate domestic bank cards, cash vouchers, and e-wallets into their payment ecosystems. Notably, Ebanx collaborates with numerous B2B platforms in China, connecting businesses across the globe. As the digital payment infrastructure for cross-border B2B transactions in emerging markets remains incomplete, Ebanx steps in to bridge gaps and enhance efficiency.
Digitizing the Flow
Ebanx’s mission extends beyond mere transactions. The company aims to digitize the entire payment flow, striving for better approval rates, improved user experiences, and transparent processing. By focusing on merchant expansion in the region and enhancing digital transaction experiences, Ebanx contributes to the ongoing B2B payment revolution. The company’s strategic position allows it to navigate the complexities of cross-border transactions while ensuring seamless interactions for businesses worldwide.
