Checkout.com announces new partnership with online banking payment method SafetyPay, extending Checkout’s payment options available to Checkout.com merchants wishing to sell to the Latin America market and around the world.
SafetyPay payment method extends Checkout.com’s offering to Latin America.
Checkout.com’s partnership with SafetyPay complements the existing payment methods available within its unified payment platform and opens the Latin America market to Checkout’s merchants. With SafetyPay, online banking customers from leading Latin American countries can pay directly through their bank account in their local currency. New and existing Checkout.com merchants benefit as of today from access to over 300 million online shoppers in countries around the world and across Latin America, including: Brazil, Columbia, Costa Rica, Mexico, Nicaragua, Panama, and Peru.
In addition to providing international credit and debit card processing through its direct acquiring relationship with Visa Europe, MasterCard International, Union Pay International, American Express, Diners Club International and the Discover Network, Checkout.com is building partnerships with rapidly growing local payment providers around the globe in order to power the most comprehensive cross-border payment solution for the internet.
Checkout.com’s focus on alternative payments has led to the creation of a unique solution that allows merchants to seamlessly connect all the payments they need to their website via one single integration, regardless of the solution type (for example, eWallets, mobile payments, online banking or prepaid cards). This unified and continuously expanding solution typically targets merchants who want to expand their reach around the globe by offering local payment options to ensure they never miss a sale.
Mathieu Altwegg, Checkout.com CEO, says: “SafetyPay has been a long term player in the online banking payment solution space and our relationship started already a long time ago. It is very important, especially given SafetyPay’s strong franchise in Latin America, to have it as part of our Checkout solution.”
Strengthening local and international partnerships is SafetyPay’s best legacy to the payment market. “It is an honor and an important move to us to partner with Checkout.com to be their online payment provider. Latin America is such a big and emerging market, and has unique characteristics concerning online payment; we strongly believe we will help Checkout merchants to expand their business with this new option.” says Luiz Sacco, President for Latin America.