EBANX launches online sales platform with feature that helps small businesses

EBANX Beep allows small businesses and self-employed professionals in Brazil to sell vouchers for their products and services, so they can continue to have cash flow during the quarantine period. Visa is a partner in the initiative to promote greater reach to those who need it most

CURITIBA, BRAZIL, March 26th, 2020 – In order to give an alternative to merchants who will be closed to the public during the COVID-19 quarantine, EBANX has launched this week, in a partnership with Visa, a quick way for Brazilian retailers to sell online: EBANX Beep, which includes a feature that allows the sale of vouchers for products and services. The main goal is to help businesses that have no cash flow during the quarantine season in the country.

SMBs (small and medium-sized businesses) and self-employed professionals such as personal trainers, manicurists, cleaning professionals and bakers, among others, will be able to sell vouchers using this new feature, and define how the exchange of these vouchers for products or services will work. The exact dates for exchanging vouchers, for example, will be determined by the sellers themselves.

"We developed this feature with the intention of facilitating the sales of small businesses and self-employed professionals in this delicate moment. Hence, we will be able to connect them to the people who can and want to help", says André Boaventura, partner and CMO at EBANX.

In addition to setting up the virtual store, sellers will also be served by EBANX Pay payment processing, automatically made available within the platform. Boleto bancário, a very traditional cash-based payment method in the country, and credit cards of all brands will be accepted, with the possibility of installments, and settlement can be done every two weeks.

Setting up the store on the platform is a simple process, which does not require the skills or the help of a developer. The onboarding is done online and, in a few minutes, it is already possible to start registering the items, whether they are products, services or the vouchers themselves.

"This platform is an option for SMBs and self-employed professionals to be in the digital world, giving them more visibility and business opportunities, in addition to promoting the digital inclusion of businesses in general", adds Boaventura.

Thinking precisely about the greater promotion of digital inclusion at this moment, and the needs of micro and small entrepreneurs from all over Brazil, Visa is a partner in the initiative, so that the distribution of EBANX Beep reaches even more locations, with financial education support. In addition, the company will offer security solutions so that the experience is the best possible.

“We are together with EBANX in this project to help micro, small and medium-sized companies to go through this period and to maintain their business, supporting at times like the ones we are experiencing to improve the way of connecting people and companies. We are going to make our security tools available and bring financial education content,” says Fernando Teles, country manager at Visa Brazil. “In addition, we want to connect EBANX Beep with our Vai de Visa platform, so that end consumers have visibility of the businesses close to them, using geolocation resources.”

Only three steps are required to create a store on EBANX Beep. The seller must access the website www.ebanxbeep.com and complete the initial registration. Then, it is necessary to send information such as RG or CNPJ (similar to the social security number and tax identification for business), proof of address and a bank account number. Then, the seller can start registering the items they want to sell online – a process that can be completed in a few minutes.

About EBANX
EBANX is a global fintech with Latin American DNA that recently became a unicorn. It has operations in Brazil, Mexico, Argentina, Colombia, Chile, Peru, Ecuador and Bolivia. It was founded in 2012 to address an access gap between Latin Americans and international websites. Today, the company offers more than 100 local payment options in Latin America, has helped more than 55 million Latin Americans access global services and products, and more than 1,000 international websites to expand to the region. AliExpress, Wish, Pipedrive, Airbnb and Spotify (these two in partnership with Worldline) are some of the companies that use EBANX solutions. In 2019, it started offering local processing in Brazil, through the company EBANX Pagamentos Ltda., allowing Brazilian websites that sell in the country to use EBANX solutions. In early 2020, it set foot in the B2C world, with the launch of the EBANX GO, a digital payments account in Brazil, with virtual and physical cards. For more information, visit https://business.ebanx.com/en/