Unlimint Introduces Local Acquisition Services in Mexico

Unlimint, a global payment company, announced that it has launched local acquiring services in Mexico, bridging the gap between consumers and ecommerce businesses in the region.

The acquiring services provide merchants in Mexico with access to a raft of new features, including the ability to offer installment payments with local payment cards and the acceptance of alternative methods, like cash-based payments and bank transfers, through an all-in-one easy-access business interface.

According to Unlimint, it is covering 95 percent of local payment methods in Mexico and it now also provides a service crucial to the success of merchants in the region, as this is consumers' preferred payment method – 60% of e-commerce purchases in LATAM are currently paid for using an installment plan.

Commenting on the development, Unlimint CEO, Kirill Evstratov said: “Our localized acquiring solution allows us to take our Mexican customers on a frictionless journey to the 'tomorrow' of global payments. We developed an adaptive ecosystem that is capable of processing and managing several different regions at once with all their merchants, regulations, technical differences and accounting.”

Since launching in Mexico City last year, Unlimint has grown a strong team of industry experts in the region who are guiding European merchants looking to expand into the region, led by Andrey Novikov, LATAM Regional Lead at Unlimint.