Payments fintech EBANX has announced the launch of its Sell in LatAm EBANX Checkout for Shopify, a single integration transparent checkout for foreign stores that sell to Brazil through the Shopify platform.
Unlike the previous checkout, in which the consumer was redirected to EBANX online to complete the purchase, the transparent checkout keeps them on the same page in a bid to provide a convenient shopping experience.
In addition, consumers can see product prices in their local currency and pay with local payment methods such as domestic credit cards, that can only process local currency, installments and boleto bancário, a payment voucher widely used in the country, that allows consumers to pay both with cash and through online banking.
Even though prices are displayed in the local currency in the Sell in LatAm EBANX Checkout, and consumers pay with local payment methods, merchants can receive their settlement in US dollars if they would like to.
According to the announcement, EBANX is one of the first companies worldwide to launch the transparent checkout after Shopify released the app extension for payment partners, so they could surface their information into Shopify’s checkout.
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