Mercado Pago, a unit of Argentinian eCommerce platform MercadoLibre, is introducing new services to its app-based wallet users, in a move to stay competitive in an increasingly crowded market, according to a report by Reuters. Get the Full Story Complete the form to unlock this...
Payments startup Stripe has announced that it’s opening up an office in Mexico City to take advantage of opportunities for growth in the Latin American region, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy...
Providing onboarding services in the Latin American market is both an exciting opportunity and a challenging one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
The U.S. might prohibit Visa, Mastercard and other financial institutions (FIs), such as SWIFT, from processing transactions in Venezuela. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
SoftBank, the Japan-based technology company, is rolling out a $2 billion fund that will target Latin American technology companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
A recent fuel payments move by WEX highlights the increasing importance of South America — notably Brazil — to the fleet and freight industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Hyperinflation has driven the Venezuelan Bolivar to near uselessness. How are individuals supposed to save and manage money when their currency is hemorrhaging value? AirTM lets them convert their earnings to a stable currency such as USD via two-sided marketplace. Co-founder Ruben Galindo Steckel explains...
Pushing its footprint even deeper into the Americas, Ant Financial’s Alipay — China’s leading payment provider and the primary means of online and mobile payment for Chinese consumers — announced news today (March 20) that it will be growing its presence in Mexico via a partnership with Openpay....
The Brazilian Central Bank has floated a proposal that would let FinTechs lend money but which would also curtail them from taking deposits, as might be seen in a traditional commercial banking relationship, according to news by Reuters. Get the Full Story Complete the form to...
