PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Spreedly More than Doubles Latin American Transaction Volume Year-Over-Year

PaymentsJournal by PaymentsJournal
January 11, 2022
in Digital Payments, Press Releases
0
Spreedly More than Doubles Latin American Transaction Volume Year-Over-Year

Spreedly More than Doubles Latin American Transaction Volume Year-Over-Year

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

DURHAM, NC — January 11, 2022 — Spreedly, the provider of the leading Payments Orchestration platform, today announced that transaction volume across Latin America on the Spreedly platform has grown by over 100% year-over-year.

As one of the world’s fastest growing e-commerce markets, there is a strong demand for ways to more easily scale payments across the region. In a recent report published by Americas Market Intelligence (AMI), growth rates for Latin America from 2020 to 2024 are estimated to be between 20% to over 40%.

To take advantage of this growth and enter new markets across Latin America faster, companies are turning to Payments Orchestration. Spreedly is uniquely positioned to address these needs with significant experience meeting the payments goals of fast-growing customers in the region — including Rappi, Cabify, PedidosYa, and many others. Additionally, Spreedly continues to innovate in the region with a previously announced launch of a joint program with Visa to foster and grow the adoption of network tokenization.

According to Carlos Ayalde, Global Head of Payments at Rappi, a rapidly growing, on-demand delivery platform currently operating in nine countries and more than 250 cities, “In the payments space, every region operates in their own way. This means that as we rapidly expand and grow, the processes, tools and services we use in one country often cannot be used in the next and we would have been forced to invest a lot of time and resources in building and maintaining new integrations.”

“Working with Spreedly, we’ve developed a super flexible system that allows us to choose and experiment with the right mix of operations to keep our authorization rates where they need to be and manage fraud. We can easily work with any number of different gateway partners so we can route transactions by type of purchase, by country of issuance or any mix of different metrics.”

For more information about the integrations available today via Spreedly’s Payments Orchestration platform, visit https://www.spreedly.com/gateways.

About Spreedly
Spreedly’s Payments Orchestration platform enables and optimizes digital transactions with the world’s most complete payment services marketplace. Global enterprises and hyper-growth companies grow their digital business faster by relying on our payments platform. Hundreds of customers worldwide secure card data in our PCI-compliant vault and use tokenized card data to enable and optimize over $30 billion of annual transaction volumes with any payment service. Spreedly is headquartered in downtown Durham, NC. 

Tags: Digital PaymentsLatin Americapayment orchestrationpayment orchestration platformsPress ReleasespreedlyTransaction volume
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    live shopping, ebay

    Q&A: eBay Exec on Live Shopping and the Future of Payments

    March 24, 2023
    AI and Biometrics in Regulatory Compliance in Finance

    The Importance of AI and Biometrics in Regulatory Compliance in Finance

    March 23, 2023
    Everyone Benefits from the Real-Time Payment Networks  

    Everyone Benefits from the Real-Time Payment Networks  

    March 22, 2023
    commercial payments

    Optimizing Commercial Payments in the Digital Age

    March 21, 2023
    cross-border payments

    Cross-Border Payments: Fighting
    E-Commerce Fraud Using Data

    March 20, 2023
    fraud, ChatGPT-4

    How to Fight Fraud While Still Enabling a Great Online Customer Experience

    March 17, 2023
    RTP

    Financial Institutions Without an RTP Strategy Risk Being Left Behind

    March 16, 2023
    visa chargeback

    New Visa Chargeback Guidelines Will Be a Game Changer

    March 15, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Payoneer eBook: