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<\/a><\/a>\nSMEs continue to encounter significant obstacles in cross-border payment, including difficulties opening accounts with traditional banks, a high risk of frozen funds, high exchange losses, long remittance times, high remittance costs, and even being forced to remit funds through non-compliant channels.<\/p>
\nIntroducing X-Net<\/b><\/p>
\nXTransfer developed X-Net<\/b> as an infrastructure purpose-built for B2B cross-border trade. The hybrid network works with regulators, banks, and payment institutions to advance standards for fund-flow design, product integration, and risk control. As a settlement and risk-control layer linking financial institutions to import-export enterprises, X-Net aims to standardise collections, payouts, and compliance workflows across participants, helping SMEs access secure, compliant, and seamless payment infrastructure once reserved for multinationals.<\/b><\/p>
\nThe LatAm market potential<\/b><\/p>
\nLatin America is growing and upgrading fast. XTransfer data<\/b> shows collections from the region rose 94% year-on-year in 2025, outpacing China\u2019s 8% export growth there and signalling a shift toward secure, compliant collections. The XTransfer Export PMI<\/b>, a sample survey of XTransfer\u2019s 800,000 SME users, selecting over 3,000 companies nationwide, also points to strong fundamentals, with Latin America\u2019s export order index at 56.47<\/b> and price index at 57.81<\/b> in March 2026, above global readings of 53.85 and 56.15.<\/p>
\nViolas Xiao, Singapore and LatAm CEO of XTransfer,<\/b> said, \u201cEmerging markets are central to XTransfer\u2019s expansion, and in Latin America. Next, we\u2019ll deepen coverage in Brazil and Mexico while expanding into growth markets like Chile, Colombia, Peru, and Argentina, improving minor-currency liquidity and risk automation so SMEs can pay and collect more predictably and compliantly.\u201d<\/p>
\nAbout XTransfer<\/b><\/p>
\nXTransfer, the world\u2019s largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. In Latin America, XTransfer operates in partnership with local banks and financial institutions across Brazil, Chile, Colombia, Mexico, and Peru, to give SME buyers access to local payment networks, enabling them to pay their global suppliers using bank transfers, digital wallets, and instant payment methods such as Brazil\u2019s Pix.<\/p>