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News

Yuno and Openpay join forces

Monday 8 July 2024 12:19 CET | News

Yuno has partnered with Openpay to make it easier for companies of all sizes to conduct online transactions and benefit from the ecommerce boom in Mexico.

 

As per the official press release, the partnership will create further synergies in the local payments ecosystem to streamline digital payments and help drive ecommerce to new growth in Mexico.

Mexico has a fast-growing ecommerce sector, counting more than 67.9 million ecommerce users – a figure forecast to grow by more than 55 percent by 2027. Total transaction value in the Mexican Digital Payments market alone is projected to reach USD 115.2 billion in 2024, with a forecast annual growth rate of 9.84%.

Yuno has partnered with Openpay to make it easier for companies of all sizes to conduct online transactions and benefit from the ecommerce boom in Mexico.

Yuno’s platform enables companies to access more than 300 payment methods worldwide, as well as integrate innovative features such as one-click checkout, smart routing, and anti-fraud tools through a single interface. Openpay aims to simplify online sales for merchants by enabling them to accept payments by card, bank transfer, cash or loyalty points via a single integration.

Officials from Yuno commented that this partnership marks another step in its mission to democratise the payments industry by making it easier for SMEs and large multinationals to optimise their digital transactions, reach new customers, and boost online sales while saving time and cutting costs.

 

About Yuno

Yuno’s mission is to be a key player in global payment orchestration to empower global commerce by enabling businesses to accept and disburse payments anywhere in the world, fostering financial inclusion. The company serves a global customer base that includes McDonald’s, Avianca, inDrive, Rappi and other renowned brands across 60 countries.

About Openpay

Openpay is the platform for the reception and sending of electronic payments specialised in the development and commercialization of tools for accessible, secure and innovative commercial transactions. This Mexico-based company has been part of the BBVA Group since 2017 and has a presence in Mexico, Colombia, Peru, and Argentina. With Openpay, businesses of any size can accept multiple payment methods for their ecommerce, such as credit cards, debit cards, bank transfers, SPEI, CoDi and payment links, in addition to cash transactions through Paynet.

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Keywords: payments , online payments, ecommerce, SMEs, partnership
Categories: Payments & Commerce
Companies: Openpay, Yuno
Countries: Mexico
This article is part of category

Payments & Commerce

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Openpay

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Yuno

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