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EBANX offers cross-border merchants direct integration with Peruvian wallet Yape
Thursday, July 10, 2025 — 17:03:51 (UTC)
CURITIBA, BRAZIL, July 10, 2025 – EBANX announced today its direct integration with Yape, Peru’s superapp, for cross-border merchants of the digital economy. Yape supports both recurring and one-click and on-file payments through a simple user enrollment process. Users will be able to pay for their purchases on global e-commerce websites with either their wallet balance or a linked card. In 2024, Yape captured the largest share of the volume transacted online with a digital wallet in the country, according to data from Payments and Commerce Market Intelligence (PCMI). EBANX's study Beyond Borders 2025 reveals that Peru's e-commerce market is expected to reach USD 60 billion by 2027, after growing 20% per year. “With over 14 million active Peruvian users, Yape empowers millions of consumers with reliable daily transactions. This direct integration with EBANX marks a significant step in expanding our reach to global merchants, allowing them to tap into the vast potential of the Peruvian market,” says Claudia Silva, Head of Payments at Yape.
Digital wallets have become a crucial part of the payment ecosystem in Peru. In 2024, wallets represented 10% of the country’s total digital commerce transactions, and their share is expected to grow at an annual rate of 17% by 2027, according to PCMI. “Yape is a key driver of this growth, reshaping the financial landscape and enabling financial inclusion, particularly for those without access to traditional banking,” Silvia points out. According to Beyond Borders 2025, digital wallets are increasingly becoming a preferred option for recurring transactions, thanks to innovative features that help improve approval rates. According to Yape’s internal data, the company provides an impressive 93% approval rate on transactions, positioning it as an effective payment solution for businesses looking to thrive in Peru’s rapidly growing digital economy.
“Through partnership with Yape, EBANX enables merchants to access a seamless, secure, and high-conversion payment solution that drives immediate results, for one-time purchases as well as for subscription-based services and recurring payments," explains Juliana Etcheverry, Director of LatAm Country Growth - South Cone at EBANX. "This partnership goes beyond payments; it's about fostering scalable, long-term growth for merchants in a rapidly evolving market," Etcheverry adds.
ABOUT EBANX EBANX is the leading payments platform connecting global businesses to the world's fastest-growing digital markets. Founded in 2012 in Brazil, EBANX was built with a mission to expand access to international digital commerce. Leveraging proprietary technology, deep market expertise, and robust infrastructure, EBANX enables global companies to offer hundreds of local payment methods and streamline cross-border payments across Latin America, Africa, and Asia. More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and end-users alike.
For further information, please visit: Website: www.ebanx.com/en/ LinkedIn: www.linkedin.com/company/ebanx ABOUT YAPE Yape is Peru’s super app, backed by BCP (Banco de Crédito del Perú), and currently has more than 14 million active users. It currently offers over 10 features, including sending money in soles and US dollars, access to microloans, mobile top-ups, currency exchange, receiving remittances, bill payments, a marketplace, sales of event tickets, sales of bus tickets, among others.
For further information, please visit: Website: www.yape.com.pe Linkedin: www.linkedin.com/company/yapeoficial/
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Source: Company press release. 
Categories: Partnership
