The EBANX Payments Summit is set to take place in Bangkok, Thailand, from October 24-26, 2024, marking its seventh annual event after successful gatherings in Barcelona and Napa Valley. This year's summit aims to assist APAC companies in expanding their reach into Latin America, Africa, and India, regions projected to surpass a combined market value of $1.3 trillion by 2027 [d728a7cc]. The consumer spending in these markets is anticipated to reach $6.7 trillion in 2024, with projections to exceed $14 trillion within the next decade [d728a7cc].
The summit will feature prominent speakers such as Fabio Scopeta, João Del Valle, and Wolfgang Fengler, who will discuss the latest digital payment trends and strategies tailored for APAC merchants. The first APAC summit was held in Sanya, China, in 2023, and this year’s event continues to build on the momentum of previous successful summits [d728a7cc].
In the context of global commerce, the collaboration between EBANX and XTransfer is noteworthy, as they work together to streamline B2B trade payments in Latin America. This partnership focuses on alternative payment methods, enhancing the ability of businesses to engage in cross-border trade confidently [f67c4238]. As the global economy evolves, initiatives like the EBANX Payments Summit play a crucial role in unlocking new opportunities for merchants in emerging markets, fostering growth and innovation in the digital commerce landscape [d728a7cc].