PayRetailers, the LATAM FinTech fee specialist, introduced the acquisition of Pago Digital, a Colombian 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 Colombia and its efforts to simplify B2B e-commerce throughout the nation.
Pago Digital matches PayRetailers’ acquisition standards, offering progressive applied sciences and monetary product suites, a transparent buyer focus, monetary safeguards (corresponding to PCI compliance) and cross border fee capabilities — alongside in depth presence inside, and understanding of, the native market.
Led by CEO William Talero, Pago Digital is a fee gateway that since 2011 has been available in the market providing on-line fee processing options for rising markets, supplying progressive and safe know-how for on-line enterprise. The corporate affords a variety of choices to pay in native foreign money, together with money funds, bank cards, on-line banking, and market particular standard options.
Established in 2017, PayRetailers is a 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 options utilizing native foreign money, corresponding to money funds, credit score/debit playing cards, on-line banking, QR codes, and a variety of eWallets. The fee platform leverages API know-how to attach Latin American customers with worldwide retailers, providing a seamless fee expertise.