PayRetailers scoops up two payment platforms in Latin America

PayRetailers, a Latin American FinTech payment specialist, has acquired two online payment platforms, Chile’s Paygol and Colombia’s Pago Digital.

Established in 2017, PayRetailers is a payment service company headquartered in Spain, with regional offices in Malta, Mexico, Argentina, Brazil, Chile, and Colombia.

Its flagship online payment platform is a unified solution integrating over 250 payment methods, including online payment alternatives using local currency, such as cash payments, credit/debit cards, online banking, QR codes, and a wide range of eWallets.

PayRetailers said Paygol and Pago Digital will strengthen its position as a FinTech payment specialist across Latin America and its efforts to simplify B2B e-commerce across the region.

Paygol and Pago Digital provide innovative technologies and financial product suites, a clear customer focus, robust financial safeguards (such as PCI compliance) and cross border payment capabilities — alongside extensive presence within, and understanding of, local markets.

Juan Pablo Jutgla, PayRetailers founder and CEO, said, “Countries, communities, companies and individuals are being transformed by e-commerce. Hyper-local access to vast international markets will generate new investment, jobs, education and opportunity for millions across our continent.

“Both Pago Digital and Paygol share our vision of democratising financial inclusion and clearly demonstrate a commitment to local communities through sponsorship. Today’s acquisitions take us closer to a seamless, barrier-free and open e-commerce payments platform that will bring financial inclusion from Tierra del Fuego to Punta Gallinas.”

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