Global payment service PXP Financial has agreed a new partnership agreement with Latin American payment platform Kushki, bolstering its position in the region.
PXP Financial will leverage Kushki’s technology to tailor its payment solutions for relevant LatAm markets, whilst also launching its card acquiring service to countries such as Mexico, Chile, Colombia, Ecuador and Peru.
One of the primary goals for PXP Financial in the LatAm market is to provide end-to-end payment solutions for merchants and consumers.
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, supporting multiple payment methods, currencies, and markets, PXP will be able to access and serve new customers and segments in the region whilst leveraging Kushki’s market expertise, network and products.
Sherrie Rogers, General Manager of 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, which enables smooth and efficient payment flows.
On track for market launch in Mexico, the next steps for PXP Financial will include expanding to other LatAm countries, such as Chile, Colombia, and Peru, citing high demand for more payment solutions.