Terry KS EBANX has expanded its recurring payment solutions to six new emerging markets, enabling global merchants to reach over one billion consumers without relying on card payments. The move strengthens subscription models while advancing financial inclusion across Asia, Africa, and Latin America.
THAILAND, 21 APRIL 2026 – Global fintech firm EBANX has expanded its recurring alternative payment method (APM) capabilities to six new markets—the Philippines, Indonesia, Thailand, South Africa, Colombia, and Peru—aiming to help global merchants tap into fast-growing digital economies with limited card penetration.
Announced at Money20/20 Asia 2026 in Bangkok, the move strengthens EBANX’s presence across Asia, Africa, and Latin America, building on its earlier regional expansion. The rollout enables subscription-based businesses, including streaming and SaaS platforms, to access over one billion consumers who rely on local payment methods instead of traditional credit or debit cards.
The new capabilities include recurring payment support for leading digital wallets such as GCash and Maya wallet Philippines in the Philippines, OVO wallet Indonesia and DANA wallet Indonesia in Indonesia, and TrueMoney wallet Thailand in Thailand. These integrations allow merchants to automate subscription billing through local payment rails, reducing reliance on card-based systems.
In Asia, EBANX also supports recurring payments through UPI AutoPay, built on India’s widely used instant payment infrastructure, Unified Payments Interface. The company reported strong early results, with one AI merchant acquiring over 4,000 new customers daily after implementing the feature.
In Africa, EBANX is enabling cross-border recurring payments via Capitec Pay, an account-to-account solution developed by Capitec Bank. Meanwhile, in Latin America, the company continues to scale solutions such as Pix Automático in Brazil and expands access to wallets like Nequi Colombia and Yape Peru for cross-border subscriptions.
According to Eduardo de Abreu, the expansion addresses a critical gap in emerging markets, where more than 1.3 billion adults lack access to traditional banking cards. By enabling consent-based recurring billing through APMs, merchants can improve customer retention and reduce friction in subscription renewals.
EBANX noted that recurring APMs are evolving to deliver a more seamless, card-like experience while maintaining accessibility for underserved populations. This shift is expected to unlock new revenue streams for global businesses while advancing financial inclusion across high-growth regions.
As fintech adoption accelerates, EBANX’s latest expansion highlights the increasing importance of localized payment solutions in scaling global digital services and bridging gaps in the digital economy.