NEWS
FastSpring and EBANX forge partnership to expand Pix payments for digital products in Brazil
FastSpring , a leading merchant of record for global SaaS and software companies , and EBANX , a global technology company specializing in payments for rising markets , has announced a partnership to enhance users ’ payment experience within FastSpring ’ s product suite in Latin America through local payment method Pix .
Pix , Brazil ’ s instant payment system introduced by the Central Bank of Brazil in 2020 , has rapidly gained popularity among consumers as a preferred digital payment method .
As part of this partnership , FastSpring ’ s platform will integrate EBANX ’ s Pix payment processing capabilities , enabling global SaaS , software , video game and digital product companies to offer Pix payments to Brazilian customers seamlessly .
This partnership also allows Brazilian digital products companies to utilise FastSpring ’ s platform to power their global expansion while seamlessly maintaining Pix payments for their consumers at home . This integration marks FastSpring ’ s debut in accepting Pix payments and reinforces its commitment to providing localized payment solutions to its clients in the Latin American market .
“ This partnership with EBANX allows FastSpring to leverage local payments , starting with the largest Latin American market , by delivering one of the country ’ s preferred payment methods ,” stated Dan Garcia , Senior Director of Payments , Risk and Compliance at FastSpring .
“ The FastSpring platform enables sellers of digital goods to accept the most popular global payment methods . Adding Pix opens up the Brazilian market to new buyers who do not have internationally enabled cards .”
Telxius accelerates Caribbean connectivity
Telxius , a leading global connectivity provider , is opening its latest submarine cable route with the extension of SAm-1 between
Punta Cana in the Dominican Republic to Puerto Rico .
The route , in service from April 2024 , serves as a vital link between the Caribbean and the US as well as wider Latin America via the Brusa , PCCS and SAm-1 cables .
This extension expands Telxius ’ network capabilities and further bridges the gap between the Caribbean and the Americas with ultrahigh-capacity connectivity .
It is the first public cable covering this route with such high capacity . Telxius enables secure and resilient access to the world ’ s digital hubs and this route demonstrates Telxius ’ strong focus on boosting communications in Latin America .
“ This new route underscores Telxius ’ dedication to advancing technology and enabling Digital Transformation . Our developments across the region are driven by growing customer demand and new opportunities to support local and global enterprises and we are continually evolving our capabilities to better serve the needs of our customers in this fastgrowing market . This new route will accelerate Digital Transformation in key regions , allowing them to fully participate in today ’ s digital economy ,” said Mario Martín , CEO , Telxius .
By leveraging this advanced infrastructure , enterprises in the Dominican Republic will experience improved connectivity , facilitating smoother communication , commerce and collaboration both regionally and globally .
The US and wider LATAM region can seamlessly be reached via the Brusa , PCCS and SAm-1 cables – the three being part of the extensive Telxius international network . •
10 www . intelligenttechchannels . com / latam