Through this collaboration, Unlimit will offer VTEX merchants a range of domestic and international payment solutions, facilitating cross-border commerce growth. This includes processing payments in local currencies and utilising alternative payment methods (APMs) such as Pix and Boleto, with plans to introduce 15 more APMs in the future. The partnership aims to streamline the payment experience for VTEX brands without introducing operational complexities, catering to the dynamic ecommerce landscape.
By integrating with Unlimit's platform through a simple API, merchants on VTEX's platform can accept both domestic and cross-border payments. This integration is expected to benefit merchants in regions including the UK, US, Africa, LATAM, and APAC, providing them with enhanced access to the global ecommerce market. Unlimit's local and international acquiring capabilities are set to optimise conversion rates for merchants.
In the company press release, representatives from Unlimit emphasised the advantages of the partnership, highlighting the elimination of intermediaries and the simplified global payment acceptance process. The partnership also offers built-in anti-fraud and risk management features to ensure secure payment settlements for merchants.
Officials from VTEX stressed the importance of a seamless checkout experience in driving online purchase success. Through the collaboration with Unlimit, VTEX aims to help brands and retailers by providing them with a seamless shopping experience, irrespective of location or device preference.
VTEX, listed on the NYSE, is an enterprise digital commerce platform that works with 2,600 B2C and B2B customers globally. With active online stores across 43 countries, VTEX enables brands and retailers to modernise their digital commerce infrastructure, connecting their entire value chain and enhancing inventory and fulfilment capabilities.
Unlimit, founded in 2009, offers a wide range of financial services, including payment processing, Banking as a Service (BaaS), and on-ramp fiat solutions for crypto, DeFi, and GameFi. With a mission to eliminate financial borders, Unlimit serves businesses across Europe, the UK, LatAm, APAC, India, and Africa, with over 500 employees across 16 offices worldwide.
For more information about Unlimit, please check out their detailed profile in our dedicated, industry-specific Company Database.
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