Cardpay adds Brazil’s popular payment methods to its global platform
November 11th, 2019
For Immediate Release
Cardpay adds Brazil’s popular payment methods to its global platform
Cardpay announces integration with Boleto, Cash Express and Loterica into its existing list of payment methods in Brazil. With their introduction, ecommerce businesses will be able to unlock the potential of a population of upwardly mobile, yet ‘unbanked’ consumers.
To date, Cardpay seeks to remove a lot of the friction that still exists when it comes to taking payments; with more than 300 local payment methods available through its acquiring platform, it aims to support businesses looking to capitalise on accepting payments from an ever more global population of customers.
Kirill Evstratov, Group CEO of Cardpay, said: “What makes Latin America, especially Brazil, so interesting for us is the fact that there is so much opportunity for businesses, and need from the average user. In spite of hosting a rapidly growing population of over 200 million people, more that 50 million of them are what we would refer to as ‘unbanked.’ This is despite being responsible for a huge proportion of payments; in excess of 800 billion BRL. For businesses that live and thrive on the web, this is a massive financial opportunity. Especially considering that those that are unbanked are constantly looking to increase consumption of goods and services they buy online.
Being able to open the door wide for these companies and facilitate payments acquiring from Brazilian consumers is really exciting for us.”
Online merchants can connect to Cardpay’s platform via API and enable new payment methods for their customers in Brazil. As Cardpay has recently opened a local office in Sao Paolo it is looking to onboard international companies from the variety of sectors including Marketplaces, Travel, Transportation and Information Technology.
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Notes to editors:
Merchants benefit from Cardpay’s ability to process local payment methods in 120+ currencies and eliminate all the inefficiencies associated with unfavourable foreign exchange, decline rates, chargebacks and slow settlement. The rapidly growing business now operates in more than 50 countries and allows merchants to accept 300+ local payment methods without any hidden fees or charges.
For more information contact Cardpay by email - hello@cardpay.com
You can also visit www.cardpay.com for more information about the company.
About Cardpay
Cardpay is a global merchant acquirer on a mission to enable fast, convenient and secure payments for businesses worldwide. Cardpay is a regulated Financial Institution offering a wide range of services, including payment gateway, card acquiring, merchant account opening, card issuing, alternative payment methods, foreign exchange and more.
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