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) — Reliever Evan Phillips was reinstated off the injured list Monday, returning to the Los Angeles Dodgers 13 months after having Tommy John surgery.

The 31-year-old right-hander spent the last month at Triple-A Oklahoma City, where he had a 1.80 ERA with 13 strikeouts and five walks in 10 innings over 12 games for the Comets.

“My primary mix is very sharp and ready to roll,” he said before the Dodgers opened a three-game set with the Colorado Rockies.

Phillips had the surgery in May 2025, setting him on course for the first long-term rehab stint of his career.

“Credit to myself to stick with the process, leaning a lot on my family and my teammates here,” he said. “I was very appreciative to spend my rehab here last year after the injury. I think that helped my mindset stay focused as well. Just ready for this next step.”

Phillips won't be needed again in the closer role. Tanner Scott has been ably filling in for the injured Edwin Díaz, who went on the IL in April for loose bodies in his elbow.

Scott figures to slot into a middle-relief position as he builds up to a potentially bigger role in October, when the NL West-leading Dodgers are expected to seek a third consecutive World Series championship.

During his month in the minors, Phillips spent his first several games focused on the physical side of pitching, including experimenting with grips, location, and working on a changeup. Then he flipped the switch.

“The second half of it I really tried to step up the execution and competition side of things,” he said. “That way, hopefully, it’s not the first time I’m doing it here.”

In a corresponding move, the Dodgers optioned right-hander Paul Gervase to Triple-A a day after he tossed two scoreless innings with two strikeouts against San Diego. Left-hander Jake Eder was released.

In other moves, the team added pitcher Carlos Duran to the 40-man roster and designated catcher Chuckie Robinson for assignment.

Duran, a 24-year-old right-hander, appeared in 30 games for Triple-A Oklahoma City, going 2-2 with a 3.86 ERA this season. He had 50 strikeouts in 35 innings while limiting hitters to a .203 average. He made his major league debut last season with the Athletics.

AP MLB: https://apnews.com/hub/mlb

FILE - Los Angeles Dodgers relief pitcher Evan Phillips throws to the plate during the ninth inning of an opening day baseball game against the San Diego Padres at the Gocheok Sky Dome, March 20, 2024, in Seoul, South Korea. (AP Photo/Ahn Young-joon, File)