Payment processor for Latin America, PayRetailers, is to expand into Africa. The company now offers a unified simple payment solution across 12 countries. According to PayRetailers, its expansion represents a game changer for cross-border online merchants looking at Africa as their next move for strategic growth.
PayRetailers offer a simple, user-friendly, and scalable experience to businesses looking to grow their regional operations and give them access to major local payment methods like MPESA, Airtel, and MTN. The further expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa and Nigeria. This adds to launches in Rwanda, Zambia, Uganda, and Tanzania three months ago.
This expansion effort further solidifies PayRetailers’ ability to unlock new growth opportunities for their clients, giving them easy access to additional emerging markets. For existing clients, the process requires zero integration efforts, as it is all handled via the same API.
With many populations across Africa being underbanked, PayRetailers accelerates financial inclusion across the region by supporting businesses with their growth journey. The market is increasingly mobile and connected, with global businesses seeking to tap into the strong growth opportunities across Africa.
Future expansion plans: launches in additional African countries and Europe
Jonathan Vintner, Global Head of Sales at PayRetailers, said: “Expanding into eight new markets marks a significant milestone for PayRetailers as we continue our mission to bring tailored payment solutions to diverse regions. Africa is a vibrant and varied continent, with payment preferences that differ from region to region. For example, our launch in Kenya enables merchants to access M-Pesa, the country’s leading mobile money provider, while in South Africa, we’re offering a blend of card and cash solutions to meet local demands. All of this is seamlessly integrated into our existing API, allowing merchants to access the top payment methods across Latin America and now Africa through a single connection—with more countries on the horizon”.
“PayRetailers expands further into Africa, boosting financial inclusion across eight additional key markets” was originally created and published by Electronic Payments International, a GlobalData owned brand.
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