PayRetailersLATAM FinTech payment specialist,, announced the acquisition Paygol, an online Chilean payments platform.
The deal’s amount was not disclosed.
The acquisition aims to bolster PayRetailers’ position as a leading FinTech payment specialist across Chile and its efforts to simplify B2B e-commerce across the country.
Paygol, led by Carlos Varas (CEO), is an online payment platform which allows merchants to quickly receive payments using a variety payment methods. Paygol offers merchants access to a range of payment options in Latin America, which allows consumers to pay using the payment method that they are familiar with.
Paygol perfectly fit PayRetailers’ acquisition criteria, providing innovative technologies and financial product suites, a clear customer focus, financial safeguards (such as PCI compliance) and cross-border payment capabilities — alongside extensive presence within, and understanding of, the local market.
PayRetailers was established in 2017 and is headquartered in Spain. There are also regional offices in Chile, Mexico, Argentina Brazil, Chile, Chile, Chile, and Chile. Its online payment platform is its flagship. This unified platform integrates more than 250 payment methods. These include cash payments, credit/debit, online banking, QR codes and a wide variety of eWallets. API technology allows the payment platform to seamlessly connect Latin American customers with international merchants.