EBANX Expands Recurring APMs to 6 Countries
Analysis based on 6 articles · First reported Apr 21, 2026 · Last updated Apr 21, 2026
The expansion of Ebanx's recurring alternative payment methods into new emerging markets is expected to significantly boost digital commerce by enabling over 1 billion unbanked consumers to access subscription services. This will likely increase revenue for global merchants and Ebanx, while also fostering financial inclusion in these regions.
Ebanx, a global payment technology company, announced the expansion of its recurring alternative payment methods (APMs) to six new countries: the Philippines, Indonesia, Thailand, South Africa, Colombia, and Peru. This initiative aims to connect global merchants of subscription-based digital services (streaming, software, gaming) with over 1 billion consumers in emerging markets who lack access to traditional credit or debit cards. The expansion includes integrating digital wallets like Maya, GCash, OVO, DANA, and TrueMoney in Southeast Asia, Capitec Pay Recurring in South Africa, and Nequi and Yape in Latin America. Ebanx also highlighted the success of existing recurring APMs like UPI AutoPay in India and Pix Automático and NuPay in Brazil, which have demonstrated significant customer acquisition and increased sales for merchants. The move addresses the friction caused by low card penetration, offering a seamless, consent-based enrollment model for recurring billing.
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