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EBANX expands its checkout solution for Shopify in LATAM

Wednesday 5 August 2020 13:38 CET | News

Payments company EBANX has announced the expansion of its transparent checkout solution for Shopify to more Latin American countries. 

 

The solution is already available in Brazil, but it is now live in Mexico and Colombia, allowing international stores that sell through the platform to deliver a seamless payment experience to their consumers in all these countries, at once, through one single integration with EBANX. During beta tests of the new checkout, EBANX merchants that use Shopify experienced a 30% point decrease in checkout abandonment rates, and a 7% point increase in conversion rates. Even though prices are displayed in the local currency, and consumers pay with local payment methods, merchants can receive their settlement in US dollars if they would like to. 

As such, merchants will be able to display the final price of purchases in local currencies of these countries, and offer local payment methods like instalments, domestic debit and credit cards, e-wallets, local cash vouchers, and bank transfers. EBANX transparent checkout also provides merchants with information on conversion of ads into sales. 


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Keywords: EBANX, checkout, Shopify, Latin America, merchants, abandonment rates, local payment methods, instalments, domestic debit, credit cards, e-wallets, local cash vouchers, bank transfers
Categories: Payments & Commerce | Online Payments
Countries: Latin America
This article is part of category

Payments & Commerce