US-based EVO Payments, a payment technology integration and acquiring solutions, announced the acquisition of Chilean e-commerce payment gateway Pago Fácil in partnership with EVO’s newly joint venture with Chilean Banco de Credito e Inversiones, Bci Pagos. Chilean regulator recently allowed the joint venture made in 2020, and now EVO began its operations in Chile through Pago Fácil’s acquisition, in which the company says it delivers nearly 3,000 merchants to the joint venture. According to the companies, Pago Fácil will expand its in-market integrated payment solutions and technology capabilities which will enhance EVO’s acquiring services and attract new customers.
Pago Fácil offers digital payment solutions, including acquiring services, and e-commerce software integrations. It will leverage Pago Facil’s gateway capabilities to enhance its business in Mexico as well as other markets across Latin America EVO enters in the future. E-commerce has experienced enormous growth globally during the pandemic and expect an enduring change in consumer spending habits. To leverage Pago Fácil in Chile and across Latin America as we look to expand footprint in the region.