Gr4vy Partners With Boku and EBANX to Simplify International Expansion for Merchants

  • Date: 24-Apr-2022
  • Source: The Fintech Times
  • Sector:Economy
  • Country:Middle East
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Gr4vy Partners With Boku and EBANX to Simplify International Expansion for Merchants

Merchants can now access billions of emerging market consumers across Africa, Asia, Latin America , and the Middle East. Importantly, this comes at a time when the transaction value of digital commerce in Latin America is projected to increase 73 per cent, and payment revenue in APAC is forecasted to reach $935billion by 2025. “Until now, merchants have had to build individual integrations for each new local payment method they wish to support in each new market they enter. At Gr4vy, we wanted to make it easy for merchants to expand their payments strategy into new markets,” said John Lunn, Founder and CEO of Gr4vy. “Bringing these new partnerships to the Gr4vy platform means merchants can now easily offer localised payment methods and services in new geographies, without writing code or the need for large developer teams.” Through its partnership with EBANX, a payments platform that works with large global brands such as Shein, Amazon, Shopee and Uber, Gr4vy merchants now have access to one of the biggest user-bases in Latin America (an estimated 100 million customers by the end of 2022). EBANX and Gr4vy will enable merchants to increase revenue in the fast-growth region with an end-to-end local payment