XTransfer Attends Brazil’s Largest E-Commerce Summit

SÃO PAULO--(BUSINESS WIRE)--Aug 12, 2025--

XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, recently participated in Fórum E-Commerce Brasil 2025, the largest and most influential e-commerce summit in Brazil. The event brought together leading Latin American e-commerce platforms, including Mercado Libre, Amazon, and TikTok, among others. During the event, XTransfer announced its commitment to deepening its presence in Brazil and the Latin American market, partnering with local banks and financial institutions to provide secure, convenient, and compliant cross-border payment solutions for SMEs in Brazil and across Latin America.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250812389917/en/

Currently, Brazil is the largest e-commerce market in Latin America. According to data from Latin American analytics platform PCMI, Brazil’s total e-commerce transaction volume exceeded USD 346 billion in 2024. The platform also forecasts that by 2027, over two-thirds of Brazilians will be online shoppers, and e-commerce transaction volume will reach USD 586 billion. The number of online shoppers in Brazil has surpassed 100 million, with cross-border shopping demand continuously growing, and more SMEs actively participating in international trade. The overall e-commerce market in Latin America is also experiencing rapid development, showing enormous potential.

XTransfer’s Leader in Brazil Office stated at the forum, “The e-commerce development in Brazil and Latin America is booming, and consumers’ demand for cross-border payments and local collection is increasing. XTransfer is working closely with local banks and financial institutions in Brazil to provide SMEs with safe, compliant, and low-cost local payment and collection services, helping companies reduce international payment costs, improve operational efficiency, and seize global opportunities.”

Through XTransfer accounts, global foreign trade enterprises can directly receive payments from Brazilian buyers in Brazilian Real (BRL). Buyers in Brazil and across Latin America can use PIX (Brazil’s instant payment method) to pay suppliers in China and worldwide in BRL, eliminating the need for complex foreign exchange procedures and reducing intermediaries and exchange losses. In the future, XTransfer will continue to expand its cooperation network in the Latin American market, promote global trade facilitation, and empower more enterprises to go international.

XTransfer’s Leader in Brazil Office at the Forum.

LOS ANGELES (AP) — Floyd Mayweather says he is ending his nine-year retirement and returning to competitive boxing this summer.

Mayweather, who turns 49 on Tuesday, hasn't fought in a real boxing match since 2017, when he beat Conor McGregor. Following that big-money bout against a mixed martial artist, Mayweather (50-0, 27 KOs) declared himself retired for the third time in his career.

The former five-division world champion has still been in the ring regularly throughout his 40s with a series of lucrative exhibition bouts against the likes of online influencer Logan Paul, YouTuber Mikuri Asakura and John Gotti III, the grandson of the infamous mafia boss.

Mayweather already has announced yet another exhibition coming up this spring against 59-year-old Mike Tyson, although no location or television partner has been confirmed.

But Mayweather says he is also returning to real ring competition this year under a promotional deal with CSI Sports/Fight Sports.

“I still have what it takes to set more records in the sport of boxing," Mayweather said in a statement. “From my upcoming Mike Tyson event to my next professional fight afterwards, no one will generate a bigger gate, have a larger global broadcast audience and generate more money with each event (than) my events.”

Mayweather spent more than a decade as arguably the biggest American star in boxing, and he beat Manny Pacquiao in 2015 in the richest fight in boxing history at the time. His superb defensive skills and quick hands were his ring strengths, but his stardom and wealth proliferated largely because of his “Money May” antihero persona.

Mayweather has flaunted his extravagant lifestyle online practically since the invention of social media, but he filed a lawsuit earlier this year against Showtime Networks and Stephen Espinoza, the former president of Showtime Sports, alleging he is owed more than $300 million. Mayweather's intricate suit appears to fault the network for not protecting the boxer from the business practices of his longtime financial advisor, Al Haymon.

Mayweather has also been sued this year over his alleged failure to pay rent at a Manhattan apartment, and he is in financial disputes with at least two prominent jewelers.

Mayweather is returning to pro boxing one year after the now-47-year-old Pacquiao resumed his own career. Pacquiao is slated to take on Ruslan Provodnikov in Las Vegas on April 18 in the second fight of his comeback.

AP boxing: https://apnews.com/boxing

FILE - Floyd Mayweather Jr., left, hits Manny Pacquiao, from the Philippines, during their welterweight title fight on May 2, 2015, in Las Vegas. (AP Photo/Isaac Brekken, File)

FILE - Boxer Floyd Mayweather Jr. looks on during the first half of an NBA basketball game between the LA Clippers and the New York Knicks, March 26, 2025, in New York. (AP Photo/Adam Hunger, File)