Global payment service, PXP Financial (PXP) is looking to offer its customers a more integrated payment solution that covers the entire payment value chain, from acceptance to settlement. As a result, it has partnered with Latin American (LatAm) payment platform, Kushki to provide end-to-end payment solutions for merchants and consumers in the region.
PXP Financial will leverage Kushki’s technology to create tailored payment solutions for the LatAm market, supporting plans to launch card acquiring in Chile, Colombia, Ecuador, and Peru. In turn, this will grant the firm access to serve new customers and segments in LatAm.
PXP Financial has already successfully integrated Kushki’s API, enabling an efficient payment flow. It is also on track to launch in Mexico.
The next steps for the partnership will include expanding to other LATAM countries, such as Chile, Colombia, and Peru, where there is a high demand and potential for payment solutions, and pursuing new opportunities and segments that will diversify and grow the customer base.
Expanding the LatAm footprint
Commenting on the announcement, 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 Kushki Global added: “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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