BigWallet Payments Teams up with PayRetailers

PayRetailers, a payment gateway designed to handle mass online payments in Latin America, recently announced that BigWallet Payments has chosen the company to open the Latin American markets for European Merchants.

According to the official announcement, with this partnership, the merchants using BigWallet Payments will be able to accept all the local payment methods from Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Mexico, Panama, and Peru. With the support of the variety of local cash payment solutions by PayRetailers and BigWPay, European merchants are now given the opportunity to tap into the potential of the vastly cash-based economies of Latin American countries.

Commenting on this new partnership, Denis Kazakov, who is heading BigWallet Payments, said: " This partnership with PayRetailers puts us in a unique position to help European businesses accept payments from the Latin American customer. This region has a lot of potential, yet, it takes a reliable partner with the local expertise to enter it. While we have been enabling payments through credit cards, major eWallets, and Apple & Samsung Pay, it takes more than that to make it in the Latin American market...we are so thrilled to partner with PayRetailers and put our clients in a much stronger position to accept the payment methods popular within the region."

"Today, Latin American countries are bustling markets, however, most of them remain cash-based economies. This comes as a surprise for many foreign merchants as they look into expanding their business into the region. As a leader in payment processing for Latin America, we support over 100 local payment methods, including a variety of online bank transfers. As we join forces with BigWallet Payments, we look forward to serving even more European merchants and handling their mass payments from the Latin American countries," added Juan Pablo Jutgla, CEO at PayRetailers.