Business

Brazilian fintech EBANX partners with Tinder to allow installment payments on premium memberships

Latin American users will be able to pay for subscriptions with local credit cards without passing through the app stores

Bangkok. Thailand. JUNE 29,2020 :Tinder application icon on Apple iPhone X screen close-up. Tinder app icon. Tinder application. Social media icon. Social network.
EBANX partners with Tinder, global dating app to enable local payments in Latin America. Photo: Shutterstock
  • EBANX and Tinder will first roll out the partnership for subscription payments in Brazil, but over the coming weeks, will also expand the offer to Mexico, Colombia, Argentina, Chile and Peru;
  • Tinder users in Latam will be able to pay for subscriptions via local credit cards, debit in deposits account, as well as the option to pay in up to six installments.

EBANX announced this Friday that is partnering with Tinder to offer local payment solutions to the Latin American users of the popular dating app.

The Brazilian fintech, focused on enabling local payment methods to global merchants, and Tinder will first roll out the partnership for subscription payments in Brazil, but over the coming weeks, will also expand the offer to Mexico, Colombia, Argentina, Chile and Peru, as EBANX informed.

We are thrilled to announce this partnership with EBANX, which will give members in Brazil and Latin America the security and ease of using familiar forms of payment to purchase their desired subscriptions.

Sabrina Zaremba, Director of Business Development for Tinder in Latin America

Through the initial integration in Brazil, Tinder will offer members the option to pay for subscriptions via local credit cards, debit in deposits account, as well as the option to pay in up to six installments, an old acquaintance and sweetheart payment method for Brazilians.

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Henrik Nilsmo, CCO at the Brazilian fintech EBANX. Photo: EBANX/ Courtesy

“Tinder’s continued investment in Latin America shows the importance of the region and that there is much room for growth,” stated EBANX CCO Henrik Nilsmo. “We are very happy to partner with Tinder in Brazil and later expand this throughout Latam, easing the connection between the company and their clients through our localized payment solutions.”

EBANX, which also owns LABS, has been pushing forward its expansion roadmap in the region. Last week, the Brazilian unicorn announced its entrance to new markets in Central and South Americas, as well as the future launch of EBANX GO, its prepaid card and digital account in partnership with Visa that already operates in Brazil, in other Latin American countries.

In September, the global payments fintech also announced a partnership with Amazon to enable Colombian consumers to pay for purchases within the e-commerce giant in their local currency, using local payment methods.