Ebury announced that it has become a member of Amazon’s Payment Service Provider Program (the Program) meaning that sellers using Amazon sites can continue to collect payments in different regions and currencies through Ebury’s platform.
The Program was introduced by Amazon earlier in 2021 as part of its continued efforts to be the safest and most trusted store in the world for customers and Sellers.
Amazon marketplace sellers can now use Ebury’s cross-border platform services which provides local collection accounts in 10 currencies to help them receive funds in their local currency from Amazon. These FX capabilities also allow businesses to repatriate funds successfully, while Ebury’s forward capabilities help mitigate FX risk for both sellers and their suppliers, achieving price stability and security.
Fernando Pierri, Chief Commercial Officer at Ebury, said: “Ebury’s enrollment in the Payment
Services Provider Program is great news for Ebury as well as Amazon e-sellers who are looking to
use Ebury’s platform. Ebury offers outstanding currency options in its collection services with our forward capabilities helping our clients hedge their FX risk exposures. In tandem with our team of specialists and
innovative tech platform, these capabilities give e-commerce businesses the confidence to invest in their international operations, even at times of macroeconomic volatility, and achieve success.”
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Ebury is a fintech company offering financial solutions aimed mainly at SMEs and midcaps. It specialises in international payments and collections, offers foreign exchange activity in over 130 currencies for both major and emerging markets, as well as cash management strategies, trade finance, and foreign exchange risk management.
Founded in London in 2009 the company has grown its global market presence to a network of 29 offices in 20 countries and more than 1,300 employees. The volume of transactions executed by Ebury amounts to $21 billion annually.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
