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PXP Financial, Kushki partner for LATAM expansion

Tuesday, October 15, 2024 — 12:32:59 (EDT)

15 October 2024 PXP Financial, the experts in global payment services, today announces its partnership with Kushki, a leading payment platform in Latin America. The strategic partnership aims to provide end-to-end payment solutions for merchants and consumers in the region.

PXP Financial is now able to leverage Kushki’s technology and expertise to create innovative and tailored payment solutions for the Latin American market, supporting plans to launch card acquiring in Mexico, Chile, Colombia, Ecuador, and Peru.

Commenting on the announcement, Kamran Hedjri, Group CEO for PXP Financial, said: “We are proud to already have a strong presence and expertise in Europe and North America, and our aim is to further expand our footprint into Latin America, one of the fastest growing and most dynamic regions in the world.”

"As a leading payment platform in Latin America, Kushki provides innovative and secure solutions, aligning with our focus on service and innovation. Their technology simplifies local and cross-border payments, helping businesses reach more customers and grow. Collaborating with Kushki will be pivotal in becoming a trusted partner for merchants and consumers in the LATAM region."

The partnership with Kushki will allow PXP Financial to offer its customers a more comprehensive and integrated payment solution that covers the entire payment value chain, from acceptance to settlement, and supports multiple payment methods, currencies, and markets. PXP will also be able to access and serve new customers and segments in LATAM, leveraging Kushki’s local expertise, network, and products.

Sherrie Rogers GM Kushki Global added “We are delighted at Kushki to be working with PXP Financial and look forward to building a strong, long lasting relationship. We are excited to be a strategic provider in Latin America supporting them with their expansion plans across the region.”

PXP Financial has already successfully integrated Kushki’s API, enabling a smooth and efficient payment flow, and is on track to launch in Mexico.

The next steps for the partnership will include expanding to other LATAM countries, such as Chile, Colombia, and Peru, where there is a high demand and potential for payment solutions, and pursuing new opportunities and segments that will diversify and grow the customer base.

PXP has a state-of-the-art technology platform that supports a wide range of payment methods and currencies, and offers advanced features such as fraud prevention, data analytics, and reporting. It provides a single unified payments platform to accept payments online, on mobile and at the point of sale. Powered by inhouse acquiring, 100+ alternative payment methods & financial services, PXP processes over €21b annually through its unified gateway.

To find out more about PXP Financial please visit: pxpfinancial.com

ENDS

About PXP Financial

The end-to-end payment platform: PXP Financial provides a single unified payments platform to accept payments online, on mobile and at the point of sale. Powered by in-house acquiring, 120+ alternative payment methods & financial services, PXP processes over EUR 22.7 billion annually through our unified gateway. Whatever your business needs today or tomorrow, PXP Financial’s innovative payment platform will support your business growth with all the payment services you will ever need from one source, wherever your business takes you. To find out more about PXP Financial family of companies, visit: www.pxpfinancial.com.

About Kushki

Kushki, the world-class payment platform that connects Latin America through payments, helps businesses reduce the cost and complexity of payments online while improving acceptance rates and reducing fraud. With less than a decade of existence, Kushki has been classified within the Unicorn category by achieving a valuation of USD $1,5 billion. Kushki operates locally in 5 countries and leverages local teams to deliver customized solutions for clients in each country.

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Source: Company press release.