PayRetailers, a payment processor for Latin America has announced its new expansion into Africa. With coverage in four countries, the company offers a game-changing unified payment solution for cross-border online merchants looking to Africa as their next move for strategic growth.
Details
To strengthen its presence on the continent, PayRetailers is activating its payment processing operations Rwanda, Zambia, Uganda, and Tanzania.
This will provide a simple, user-friendly and scalable experience to businesses looking to grow their regional operations and give them access to important local methods such as SPENN, Airtel, and MTN.
Because this matters
The African market is increasingly connected to mobile and is destined for strong growth, which is why PayRetailers, in its mission to increase financial inclusion and continue to support business growth in emerging markets, has decided to activate its networks in region and lead this exciting era of prosperity.
What they say
Lorenzo PellegrinoChief Operating & Digital Officer in fintech, states:As part of our expansion strategy, we are expanding our coverage to four markets in Africa, at least initially. In the coming months, we plan to steadily expand our business in the continent, which is experiencing incredible growth in the payments industry and has huge potential for merchants looking to diversify and expand their consumer base.
Using the stellar and continued growth we’ve experienced in LATAM as our guide, we’re poised to help businesses thrive faster and more sustainably.”
“We recognize the enormous potential and importance of the venture in these dynamic markets“, he adds Juan Pablo Jutgla, CEO of PayRetailers. “Each new addition to our market coverage is a gateway to untapped opportunities and enhanced partnerships, ensuring our continued growth and global relevance. Our upcoming expansion into additional countries in West, North and South Africa underscores our commitment to empowering our customers and connecting them with diverse consumer bases across the continent.“
To secure its position in the African market, the company reveals further expansion plans that are already on hold for the coming months.
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