16 August 2017
Find out more

SafetyPay expands further into Latin America with Braspag partnership in Brazil

29 September 2010  |  2995 views  |  0 Source: SafetyPay

SafetyPay™, a secure payment facilitator and clearinghouse benefiting online shoppers, online merchants and banks worldwide has announced its new partnership with the Rio de Janeiro, Brazil-based Braspag.

Founded in 2005 and acquired by Grupo Silvio Santos in 2009, Braspag is the leading payment processing company for e-commerce and call centers in Brazil. Braspag integrates payment methods as well as consolidates technical, financial, and operational processes for the main e-commerce organizations in Brazil, covering 80 percent of the total e-commerce retailers in Brazil. The company works with the top 18 online retailers, which generate 80 percent of the billing volume in Brazil. The partnership will guarantee SafetyPay's presence in such e-commerce organizations.
"Partnering with Braspag is a natural step in SafetyPay's continual international expansion," said Manuel Montero, founder and chief executive officer of SafetyPay. "We look forward to expanding our footprint in Brazil and utilizing the strong ties that Braspag has within the marketplace."
SafetyPay was created to help financial institutions monetize online banking platforms by providing a secure, direct payment method between a consumer's bank and the retailer of choice. SafetyPay is unique in the industry in that it links the customer directly to their online banking account and offers them maximum flexibility in terms of payment options.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.dorsum.eudownload the paper nowvisit www.abe-eba.eu

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10124 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9468 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9256 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8322 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7789 views comments | 1 tweets | 2 linkedin

Featured job

London, UK (or flexible)

Find your next job