PXP Financial, a prominent provider of global payment services, has announced a strategic partnership with Kushki, a key player in the payment platform sector in Latin America.
This collaboration is aimed at delivering comprehensive end-to-end payment solutions tailored to both merchants and consumers in the region.
The core motive behind this partnership is to leverage Kushki’s advanced technology and deep regional expertise to develop and implement bespoke payment solutions across key Latin American markets including Mexico, Chile, Colombia, Ecuador, and Peru.
This initiative marks a significant step in PXP Financial’s strategy to extend its operational footprint beyond its established bases in Europe and North America, tapping into one of the world’s fastest-growing and most dynamic regions.
PXP Financial has built a robust reputation by offering a state-of-the-art technology platform that supports a myriad of payment methods and currencies, bolstered by advanced features like fraud prevention, data analytics, and reporting. The firm processes over €21bn annually through its unified gateway, which accommodates in-house acquiring and over 100 alternative payment methods and financial services.
On the other hand, Kushki stands out in the Latin American market for its innovative and secure payment solutions that facilitate both local and cross-border transactions.
This partnership will enable PXP Financial to provide a more inclusive and integrated payment solution that spans the entire payment value chain, from acceptance to settlement. It also positions PXP to access new customer segments and leverage Kushki’s local network and products effectively.
Commenting on the collaboration, Kamran Hedjri, Group CEO for PXP Financial, said, “We are proud to already have a strong presence and expertise in Europe and North America, and our aim is to further expand our footprint into Latin America, one of the fastest growing and most dynamic regions in the world.”
“As a leading payment platform in Latin America, Kushki provides innovative and secure solutions, aligning with our focus on service and innovation. Their technology simplifies local and cross-border payments, helping businesses reach more customers and grow. Collaborating with Kushki will be pivotal in becoming a trusted partner for merchants and consumers in the LATAM region.”
Sherrie Rogers, GM of Kushki Global, also shared her optimism about the partnership, stating, “We are delighted at Kushki to be working with PXP Financial and look forward to building a strong, long lasting relationship. We are excited to be a strategic provider in Latin America supporting them with their expansion plans across the region.”
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