U.K. FinTech Transact365 has launched its payments platform in Latin America, a move the company says makes it one of the region’s largest alternative finance platforms.
As Fintech & Finance News reported Thursday (Feb. 17), the move allows for cross-border and local eCommerce transactions using local payment methods like PIX and Boleto, letting consumers make online transactions and giving merchants access to them.
Read more: Transact365 Brings Cross-Border Payments to India
The launch follows the FinTech’s rollout last month of cross-border payments in India. As PYMNTS reported at the time, that solution lets merchants access Indian markets without forming local payment partnerships or setting up a company in India, thus accessing…