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Allpago International Launches Processing Operation In Mexico And Publishes Insight Report On Local Payment Methods

Berlin, Germany / ACCESSWIRE /October 30, 2014 / To reinforce its commitment to developing Latin American e-Commerce through pioneering payment solutions in the region, allpago international is launching its Mexican processing operation at the upcoming Money 20/20 Conference, taking place at the Aria Resort & Casino in Las Vegas from November 2-5, 2014.

Mexico is the second largest e-Commerce market in Latin America with USD 10bn in Sales and more than 8m digital buyers representing 18% of the region's volume. The expected compound annual growth rate is estimated at 25% until 2016.

Due to the structure of the market, local payment methods represent more than 60% of the total processing volume, going local or choosing a suitable partner is a must in order to fully leverage the market potential.

"After the proven success in Brazil, allpago is very proud to offer local payment methods such as credit cards, debit cards and Oxxo to our global merchant base and partners. The coverage of all relevant Mexican payment methods allows our customers to generate 47% additional revenues in the blink of an eye", said Philipp Bock, CEO & Founder.

To download the Mexican Insight Report on local payment methods please go to www.allpago.com/research or come and join allpago at Booth #58 at Money 20/20. You can also find both the Mexican and Brazilian Insight Reports in the exclusive Money 20/20 2014 app.

For additional information about allpago international, please visit www.allpago.com.

About allpago international

allpago international provides a full-spectrum of payment services in the LATAM region. allpago works as a payment gateway, a white label payment service provider (PSP) or a product and service reseller for merchants and payment service providers interested in the LATAM markets.

This year allpago was nominated "Top 3 Finalist" at the Merchant Risk Council METAwards for "Best Innovative Emerging Technology" with its payment solution for the LATAM market.

Current clients include Art.com, Busuu.com, McAfee, Teamviewer, Twoo.com and many other leading payment and digital companies.

Visit http://www.allpago.com/ for more information.

Contact Info

Name: Carolina Giudici
Organization: allpago
Phone: +49 (30) 6098 7982 - 5
Address: Invalidenstr 112

SOURCE: allpago