🔥The British fintech Payabl.🇬🇧 expands its range of services in Latin America

🔥The British fintech Payabl.🇬🇧 expands its range of services in Latin America

The company announced the integration of 4 local payment tools (#PIX🇧🇷, Boleto🇧🇷, Oxxo🇲🇽, SPEI🇲🇽) into its suite of payment solutions.

➡️ Payabl. aims high: #Mexico 🇲🇽 and #Brazil 🇧🇷 are the most promising markets in the region, with annual growth rates of e-commerce are around 30%. Across Latin America, the digital economy is expected to reach USD 944 billion by 2026.

➡️ PIX and SPEI are equivalent to Instant Payment Systems (SPI), developed by the central banks of Brazil and Mexico. They allow consumers to make online payments through bank transfers via API.

➡️ Boleto and OXXO operate differently: the consumer must complete a special voucher when placing the order.
Payabl.'s expansion plans include Colombia and Peru, where there are also interesting markets, such as #PSE🇨🇴 and #Yape🇵🇪. Service diversification is key.

#news

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