As part of the agreement, ecommerce businesses will be able to unlock the potential of a population of upwardly mobile, yet ‘unbanked’ consumers. Cardpay’s goal is to remove a lot of the friction that still exists when it comes to taking payments. Its acquiring platform has more than 300 local payment methods available, and it aims to support businesses looking to capitalise on accepting payments from an ever more global population of customers.
Moreover, online merchants can connect to Cardpay’s platform via API, enabling new payment methods for their customers in Brazil. The company is also looking to onboard international companies from the variety of sectors including marketplaces, travel, transportation, and information technology.
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