Ebury, a global fintech, is delighted to announce 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 provide 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.”