Leading payments platform, Paysafe, is expanding its presence in Peru by evolving PagoEfectivo, its locally successful eCash brand, into a digital wallet.
The PagoEfectivo wallet, the brand’s first in Latin America, enables users to instantly load funds, make online purchases, receive immediate payouts from participating merchants, transfer money to others and pay using a code (CIP).
PagoEfectivo has been a market leader in Latin America’s eCash payments, enabling millions of consumers to transact online.
Bruce Lowthers, CEO of Paysafe, says: “Consumers in Peru already trust PagoEfectivo for everything from iGaming and digital goods to travel and eCommerce.
“With the launch of our new digital wallet, we are giving them a more convenient way to pay; one that reflects Paysafe’s commitment to powering the experiential economy.”
Esteban Sarubbi, VP, Head of Latin America at Paysafe, adds: “Our recent survey with Peruvian consumers found that 81% would use a digital wallet from PagoEfectivo.
“With that strong sign, we are launching a solution that meets consumers’ payment needs.”
