Ebanx to process LatAm payments for Camel Financial
Camel Financial, a fintech company and the financial arm of DHgate, is now processing online payments in Latin America with Ebanx, a payments firm.
This partnership enables e-commerce firm DHgate to accept over 100 local payment methods from Brazil, Mexico, Argentina, Colombia, Chile, Peru, and Ecuador.
Businesses and consumers in these countries can use payment methods like cash vouchers, bank transfers, local debit and credit cards, and other alternative payment methods.
“Latin America is a key-market for Camel Financial and DHgate. Our goal with the acceptance of local payment methods is to offer an even better user experience for our customers in the region and to boost our already strong presence within these nations”, says Carson Huang Mihan, CEO of Camel Financial.
Camel Financial says that, according to the World’s Bank, in Latin America 49% of the adult population is unbanked. As a result of the lack of traditional services, local payment methods are used by many.
For international e-commerce merchants, accepting methods like boleto bancário in Brazil, OXXO voucher in Mexico, Vía Baloto in Colombia, cupón de pago in Argentina, and other methods means reaching all their potential consumers in the region.
