PayRetailers Argentina Achieves PSP Registration with Central Bank, Bolstering Market Position and Growth Prospects

MARCH 20 & 21, 2024

PayRetailers Group is pleased to announce that Pay Retailers Arg S.R.L. has successfully registered as a Payment Service Provider (PSP) in the Aggregator function with the Central Bank of the Argentine Republic (BCRA).

This registration enables the company to continue developing local operations in accordance with the obligations imposed by Circular SINAP 1-179 and Communication "A" 7769 of the BCRA dated 18/05/2023.

This valuable authorization contributes to the global project of a regulated ecosystem, enhancing its image with banks, reinforcing trust in its partners, increasing its commitment to transparency, and providing the ability to expand its range of payment services to position itself in the market and aim for sustained growth in the region.

This not only marks a significant milestone for the company but also carries far-reaching benefits for various industries. By solidifying its position as a trusted PSP, PayRetailers enhances the integrity and efficiency of financial transactions, fostering an environment for businesses across sectors to thrive.

PayRetailers in SAGSE Argentina to open doors for LatAm Gaming Merchants 

As regulated betting markets continue to expand, there's a growing interest among entrepreneurs. That's why PayRetailers is poised to address all the needs of the online gaming payment world at this upcoming edition of SAGSE Argentina 2024. 

On March 20th and 21st, 2024, the entire Latin American gaming industry will convene in Buenos Aires at the Hilton Hotel and Convention Center in Puerto Madero for a new edition of this exhibition, and PayRetailers will mark its debut at a high-profile gathering in the country, exclusively catering to regulatory bodies and gaming operators active in the region. 

Attendees can find them at Booth 106, where the leading payment processor will unveil its latest features and attractive payment methods for the gaming industry, tailored to meet the evolving needs of merchants in the region.

About PayRetailers

Founded in 2017, PayRetailers has established itself as a leading global provider of online payment services with a focus on Latin America & Africa. The company's mission is to offer comprehensive payment solutions for e-commerce, covering the entire process of cross-border transactions without the need for a local entity. Through a direct API, an advanced technological platform, and commercial agreements, PayRetailers provides global merchants with access to over 250 local payment methods in Latin America & Africa. Their proprietary technological architecture is highly flexible and scalable, allowing them to innovate rapidly to meet the ever-evolving market demand.

Based in Spain, with strategically located regional offices in Argentina, Brazil, Chile, Colombia, Mexico, Costa Rica, Peru, Bulgaria, and the Isle of Man, PayRetailers positions itself as a trusted partner for businesses looking to expand into Latin America, Africa, and beyond, while maximizing their growth potential.

For more information, please visit the PayRetailers website at https://www.payretailers.com or their LinkedIn page at https://www.linkedin.com/company/pay-retailers/.