PayRetailers, a LATAM FinTech fee specialist, introduced the acquisition of Paygol, a Chilean on-line funds platform.
The quantity of the deal was not disclosed.
The acquisition goals to bolster PayRetailers’ place as a number one FinTech fee specialist throughout Chile and its efforts to simplify B2B e-commerce throughout the nation.
Led by CEO Carlos Varas, Paygol is an internet fee platform which permits retailers to obtain funds by a big selection of fee strategies in a quick manner. The corporate provide retailers a wide range of native fee strategies in Latin America that helps shoppers to pay with the fee methodology they belief and know.
Paygol completely match PayRetailers’ acquisition standards, offering modern applied sciences and monetary product suites, a transparent buyer focus, monetary safeguards (comparable to PCI compliance) and cross border fee capabilities — alongside in depth presence inside, and understanding of, the native market.
Established in 2017, PayRetailers is a number one fee service firm headquartered in Spain, with regional workplaces in Malta, Mexico, Argentina, Brazil, Chile, and Colombia. Its flagship on-line fee platform is a unified resolution integrating over 250 fee strategies, together with on-line fee alternate options utilizing native forex, comparable to money funds, credit score/debit playing cards, on-line banking, QR codes, and a variety of eWallets. The fee platform leverages API expertise to attach Latin American shoppers with worldwide retailers, providing a seamless fee expertise.