MUMBAI: Yes Bank has partnered with Ebanx, a fintech focused on cross-border e-commerce payments, to enable payments from India.
The partnership aims to make it easier for merchants around the world to sell to Indian customers and to make cross-border shopping easier for Indians.
The partnership offers a variety of local payment methods tailored to the Indian market, including UPI, locally issued cards, and recurring payment transactions.
“Our partnership with EBANX is perfectly aligned with our vision to offer a broader range of digital financial services to our customers in India and our merchants globally,” said Yes Bank's Multinational and International Business Transaction Banking Division Country Head Ajay Rajan said.
He added that the bank sees this partnership as a strategic step to unlock India's payment acceptance capabilities for merchants globally.
The announcement coincides with EBANX's efforts to strengthen its position in India with the aim of entering India's important online shopping market.
Paula Berizia said: “Instant alternative payments have transformative power in emerging markets. It is expected to have a permanent impact on digital commerce.” , President of Global Payments Ebanx.
Ebanx was founded in Brazil in 2012 to tap the retail demand for cross-border commerce. The company connects global companies to hundreds of national payment systems in Latin America, Africa, and Asia.
The partnership aims to make it easier for merchants around the world to sell to Indian customers and to make cross-border shopping easier for Indians.
Expanding
The partnership offers a variety of local payment methods tailored to the Indian market, including UPI, locally issued cards, and recurring payment transactions.
“Our partnership with EBANX is perfectly aligned with our vision to offer a broader range of digital financial services to our customers in India and our merchants globally,” said Yes Bank's Multinational and International Business Transaction Banking Division Country Head Ajay Rajan said.
Expanding
The announcement coincides with EBANX's efforts to strengthen its position in India with the aim of entering India's important online shopping market.
Paula Berizia said: “Instant alternative payments have transformative power in emerging markets. It is expected to have a permanent impact on digital commerce.” , President of Global Payments Ebanx.
Ebanx was founded in Brazil in 2012 to tap the retail demand for cross-border commerce. The company connects global companies to hundreds of national payment systems in Latin America, Africa, and Asia.
