Connect with us

Technology

With EBANX, Canva invests in local payments to promote digital inclusion in Latin America

Published

on

With a projected 44% growth in users over five years, Latin American digital commerce is being focused on by the Australian SaaS with a tailored strategy of payment solutions that include both cards and alternative payment methods

SYDNEY and CURITIBA, Brazil, Oct. 21, 2024 /PRNewswire/ — Canva, a global visual communication platform, has formed a partnership with EBANX, a global technology company specializing in payment services for emerging markets. The SaaS giant is aiming to grow in Latin America by providing local payment options for the customers. The payments strategy intends to increase digital inclusion in the region and includes local cards and alternative payment methods, such as Pix, the Brazilian instant payment phenomenon that is about to offer recurring features.

The partnership between Canva and EBANX is already live in six Latin American countries and comes at a pivotal time as the region undergoes a digital inclusion revolution. The number of digital commerce users in Latin America is expected to grow by 44% over the next five years, reaching 418.9 million people by 2029, according to data from Statista Digital Market Insights. In comparison, this growth in the U.S. is projected to be 22% over the same period.

The rising digital inclusion in Latin America highlights an attractive market for SaaS giants like Canva. The digital economy in the region is projected to surpass US$ 1 trillion within three years, based on Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX.

Latin America is one of Canva’s fastest-growing regions, and we’re committed to deepening our support for the diverse communities here by providing localised payment options. By partnering with EBANX, we’re making it easier for millions of people to access our platform using payment methods they trust and prefer. This tailored approach not only strengthens digital inclusion but also helps us foster a thriving creative community across the region,” said Felipe Godoy, Growth Marketing Manager at Canva LATAM.

While digital commerce in Latin America holds great promise, it also presents challenges due to its diverse payment methods. Canva has partnered with EBANX in Brazil, Mexico, Argentina, Chile, Colombia, and Peru to offer localized payment options in each country and deliver a tailored customer experience. These solutions include digital wallets, instant payments, as well as credit and debit cards, covering installments and cards from national brands.

As in other rising markets, in Latin America, cards hold a significant share of digital commerce. In Chile, 80% of digital commerce purchases are made with credit and debit cards, according to data from PCMI. Peru, Mexico, Colombia and Argentina also show high percentages: 76%, 69%, 52% and 46%, respectively. And each market has a different customer behavior. In Peru and Mexico, for example, debit cards stand out with 49% and 38% market shares, in that order.

“At EBANX, we address the payment complexities of rising markets for our merchants, allowing them to focus on the opportunities these vibrant regions offer,” said Melissa Johnson, VP of Merchant Success at EBANX. “Canva excels in fostering innovation and digital inclusion worldwide, so we are thrilled that our partnership is providing the best experience to customers in Latin America.”

Canva customers in Brazil, for example, can use Pix to make their payment to the platform. As the fastest-growing instant payment method in Latin America, Pix is expected to surpass credit cards in digital commerce share in Brazil by next year. According to PCMI data, the alternative payment method will account for 44% of the transaction value in digital commerce, compared to 41% for credit cards by 2025.

“Pix plays a crucial role in the daily lives of Brazilians and simultaneously generates new revenue for merchants,” said Johnson. At EBANX, Pix is the preferred payment method for 95% of first-time customers on a website. The success case of the Brazilian instant payment method is about to gain another boost with the launch of Pix Automático (Automatic Pix in free translation), the recurring payment feature of Pix, in June 2025.

B2B payment experience

Pix is an important tool for the new frontier for fintechs in Latin America: B2B payments. Internal data from EBANX, shared in its annual report Beyond Borders, shows the most used payment method for transactions between companies in this region processed by the fintech is Pix, with a 43% share.

For companies in the SaaS sector, these transactions are expected to receive a boost with the new recurring feature, positioning Pix as one of the solutions reshaping the landscape of business transactions in Latin America.

While EBANX enables its merchants to access rising markets with tailor-made payment strategies, Canva has been enhancing design technology for companies. Canva’s business platform, Visual Suite, was launched two years ago, and the SaaS company has been investing in AI-powered tools tailored for this clientele.

ABOUT CANVA
Launched in 2013, Canva is a free online visual communications and collaboration platform with a mission to empower everyone in the world to design. Featuring a simple drag-and-drop user interface and a vast range of templates ranging from presentations, documents, websites, social media graphics, posters, apparel to videos, plus a huge library of fonts, stock photography, illustrations, video footage, and audio clips, anyone can take an idea and create something beautiful.

For more information:
Website: https://www.canva.com/
LinkedIn: https://www.linkedin.com/company/canva/

ABOUT EBANX
EBANX is the leading payment platform connecting global companies with customers from one of the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales, and fostering seamless purchase experiences for businesses and clients.

For more information:
Website: https://www.ebanx.com/en/ 
LinkedIn: https://www.linkedin.com/company/ebanx 

Media Contact:
Leonardo Stamillo
leo@contentco.tech
Content CO

View original content to download multimedia:https://www.prnewswire.com/news-releases/with-ebanx-canva-invests-in-local-payments-to-promote-digital-inclusion-in-latin-america-302280973.html

SOURCE EBANX

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

Published

on

By

Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/reliance-digital-brings-samsungs-latest-galaxy-z-fold8-series-and-galaxy-z-flip8-to-stores-across-india-302834321.html

Continue Reading

Technology

Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

Published

on

By

HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/weichais-five-tech-routes-global-debut-diverse-paths-to-a-green-smart-future-302834548.html

SOURCE Weichai Group

Continue Reading

Technology

Portland General Electric declares dividend

Published

on

By

PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company

Continue Reading

Trending