ALLPAGO

allpago, the leading payment service provider (PSP) in Latin America, announced that it has been acquired by PPRO, a leading cross-border e-payment specialist to create the world’s leading platform for local payments. This deal will bring together two already powerful specialist to create the new PPRO, becoming a truly global platform with direct integrations into all Local Payments Methods (LPMs) to their payments offerings. By utilizing allpago’s knowledge and technical integrations into... LPMs, PPRO can add even more value to their customers: payment service providers and their merchants. PPRO LATAM is the leading payment service provider for Latin America, enabling e-commerce merchants and payment providers to accept all relevant local payment methods through a single platform and API in over 90% of the region. PPRO’s state-of-the-art technology and regulatory knowledge are used by merchants including Adobe, BMW, McAfee, Microsoft, Nintendo, Symantec and TeamViewer to maximize conversion rates and ensure compliant transactions with customers in Latin America, and as a ‘last mile’ payment interface by leading payment companies around the world such as Zuora, ACI Worldwide and Wirecard.More