Ebanx vs. Adyen: A Battle of Tropics vs. Europe
Payment processing is an essential component for businesses venturing into e-commerce, and finding the best solution is worth the investment. In this blog post, we'll compare two gateway solutions on the different features they offer, pricing, integration compatibility, and success rates: Ebanx and Adyen.
The Basics
First off, Ebanx caters to Latin American e-commerce markets, with a particular focus on Brazil and Mexico. They provide local payment methods, such as boleto, for cash-based transactions. Meanwhile, Adyen is based in the Netherlands and operates across Europe, North America, and Asia-Pacific. Unlike Ebanx, Adyen uses a one-payment platform that caters to different global markets than localizing their approach.
Features and Integration Compatibility
In terms of features, Adyen offers a comprehensive Gateway service with 170+ currencies and 220 local payment methods. Adyen is compatible with leading shopping carts such as WooCommerce, Shopify, and Magento, and they also offer integrations with major banks to facilitate payouts to merchants. Likewise, Ebanx also offers a wide range of local payment methods but focuses on Brazil and Mexico's market.
On integration compatibility, Ebanx closely partners with big e-commerce platforms like Shopify and Magento, among others, to help with easier integration. They also offer a dynamic checkout and personal manager to help with billing inquiries.
Pricing
When it comes to pricing, both Adyen and Ebanx offer customizable rates based on business needs. Adyen's fees are not publicly available; however, it is worth noting that they have minimum monthly fees, which can increase depending on the business size, transactions, and monthly revenue. Ebanx's pricing, on the other hand, is transparent, and merchants can access them on their website.
Success Rate
Finally, even though the two platforms have similar features, the most crucial factor for online merchants is the success rate in processing payments. Ebanx boasts a success rate of 98% globally, with a 100% success rate in Brazil, their biggest market. In comparison, Adyen has a 90-95% success rate globally, with a higher rate of 98-99% with card payments.
The Verdict
Without a doubt, both Ebanx and Adyen offer impressive services that cater to merchants with different business needs. If your business operates mainly in Brazil and Mexico, Ebanx is your best option, given its focus on local payment methods and checkout experience. Meanwhile, Adyen is suitable for both small and large businesses that require a one-size-fits-all solution. Ultimately, the best choice for e-commerce merchants comes down to the needs and priorities they require in a payment processing technology.