PayRetailers, the main LATAM FinTech payments specialist, announced the opening of new offices in Peru, which will help the company be closer to its customer base and consolidate its presence in one of the fastest-growing markets. Moreover, it will enable the company to serve strategic markets throughout Latin America and innovate alongside dynamic financial service providers to offer differentiated and innovative digital experiences to its customers. Given the myriad opportunities in the region, the company continues to expand its team and technology to build a robust and inclusive payments infrastructure. With a broad offering of card payment solutions and local alternative methods for global businesses expanding into Latin America, PayRetailers has teams of more than 20 different nationalities and operations in more than 15 countries in Europe and Latin America.
Recently, the company acquired two online payment platforms, Paygol of Chile and Pago Digital of Colombia. The two acquisitions strengthen PayRetailers’ broad and deep move to tap into the potential of e-commerce payments in Latin America. The agreement gives Paygol and Pago Digital access to PayRetailers’ extensive technical expertise, marketing resources and financial investment to grow at a scale. Understanding the complexities and challenges specific to the continent’s markets is one of the biggest challenges the companies looking to expand their operations in the Latin American market need to face. The acquisitions reinforce PayRetailers’ position as the leading FinTech payments specialist for Latin America and efforts to simplify B2B e-commerce across the region. With a focus on expanding its customer base and exponentially elevating product reach over the next decade, PayRetailers aims to strengthen verticals such as digital services and e-commerce. Its strategy has allowed it to offer services and occupy spaces not served by traditional payment providers, a player that must be watched closely in the coming years.