Yes Bank has partnered with Ebanx to facilitate cross-border e-commerce for customers

On By Vaseline

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 global merchants to sell to customers in India and make cross-border shopping easier for Indians.

To expand


The partnership will offer a range of local payment methods tailored to the Indian market, including UPI, locally issued cards and recurring payment transactions.

“Partnering with EBANX aligns perfectly with our vision to provide Indian customers and global merchants with a broader spectrum of digital financial services,” said Ajay Rajan, country head, multinational and international corporate transaction banking at Yes Bank.

To expand

He added that the bank views this partnership as a strategic step towards unlocking India’s payment acceptance capabilities to global merchants.

The announcement coincides with EBANX’s efforts to strengthen its position in India, with the aim of tapping into the country’s significant online shopping market.

“Instant, alternative payments have this transformative power in emerging markets. Considering the path taken by UPI in India so far, and the Pix phenomenon in Brazil, UPI is also expected to have a positive impact on cross-border digital commerce in India,” said Paula Bellizia. , President, Global Payments Ebanx.

Ebanx was founded in Brazil in 2012 to meet the retail industry’s demand for cross-border trade. The company connects global companies to hundreds of domestic payment systems in Latin America, Africa and Asia.