24 October 2017
visit www.response.ncr.com

SafetyPay expands further into Latin America with Braspag partnership in Brazil

29 September 2010  |  3021 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.niceactimize.comRegister nowvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20394 views comments | 31 tweets | 44 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15494 views comments | 24 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11133 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9247 views comments | 15 tweets | 29 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job