2Checkout extends partnership with PagBrasil

Friday 22 November 2019 11:02 CET | News

All-in-one monetisation platform for global businesses 2Checkout has extended its partnership with PagBrasil, a fintech company, focused on payment processing in Brazil.

Via this agreement, 2Checkout extends the availability of local payment methods for merchants using the payment service provider (PSP) model. The company is now allowing local processing of Boleto Bancario, credit cards with instalments, Elo Card, and HyperCard, for merchants employing the PSP model and targeting the Brazilian market. Merchants employing 2Checkout’s newer ordering engines, ConvertPlus and Inline Cart, will also benefit from a local offering in Brazil, including acceptance of credit cards with instalments and Boleto Bancario. The new offering will facilitate payment authorisation rates by at least 20% and will nearly double cart conversion rates. 

Moreover, 2Checkout now supports Boleto Flash, PagBrasil’s exclusive techn, which authorises payment confirmation for Boletos, in under one hour. 2Checkout’s representatives believe that the partnership with PagBrasil allows them to have a strong payment offering in LATAM, especially in Brazil, which is the largest ecommerce market on the continent. 

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Keywords: 2Checkout, LATAM, partnership, PagBrasil, PSP, merchants, fintech, credit cards, payment methods, ecommerce
Categories: Payments & Commerce
Countries: Brazil
This article is part of category

Payments & Commerce