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Mentioned Companies:

PPRO Acquires Allpago

Ecommerce payment processor PPRO has expanded the merchant side of its business with acquisition of Allpago, the top provider of payment gateway services in Latin America. Terms were not disclosed. Allpago, whose clients include PayPal, Adobe, McAfee, and Symantec, maintains more than 25 direct connections and facilitator contracts to banks and acquirers in Brazil, Mexico, Colombia, Argentina, Peru, and Chile that cover 90% of the Latin America market. Alternatives to global brand credit and debit cards is critical to online sellers looking for business in Latin America because less than 25...

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July 2019
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