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Transact365 goes live in LATAM

Friday 18 February 2022 14:10 CET | News

UK-based fintech that enables bank transfers and LPMs (Local Payment Methods), Transact365, has announced it launched its global payments platform for LATAM users.

The company facilitates cross border and local ecommerce transactions through a series of LPMs, including PIX and Boleto (Brazil), ensuring costumers from Latin American markets can easily make online transactions. At the same time, merchants across the region will be able to make bank transfers in local currencies and enable cash and alternative payment methods to access worldwide customers and boost their revenues. 

By using Transact365’s platform, merchants will benefit from B2B and B2C transactions and real time payment confirmation capabilities, without worrying about fraud attempts or security breaches.

The company was founded in 2017 and since its inception has been expanding to create a network that consists of more than 380 banks and financial institutions, and around 180,000 of cash collecting points across various countries. Transact365 is operational in Europe, Asia, Africa, Australia, and North America, and was recently launched in India.

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Keywords: ecommerce, online payments, B2B payments, merchant, cross-border payments, expansion, cross-border ecommerce
Categories: Payments & Commerce
Companies: Transact365
Countries: Latin America
This article is part of category

Payments & Commerce

Transact365

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