Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has launched its all-in-one payment integrated solution in Mexico. This news comes just a little over a month after the company launched its solution in the UK.
According to Rapyd, the solution will allow local and global companies access to every local payment method through one convenient API, contract, and reconciliation service.
“In partnership with several major Mexican payment providers including Banregio, RedEfectiva, Cacao Paycard, among others, Rapyd’s new offering will give businesses the ability to accept every major local payment methods – such as cash, bank transfers, and cards – through a single connection through its all-in-one platform. In addition, Rapyd enables businesses to disburse funds through bank transfers, cards, and push to cards in Mexico and globally.”
Speaking about the expansion, Eric Rosenthal, Vice President and Managing Director for the Americas at Rapyd, stated:
“Our platform also enables global businesses to accept every major local payment method through one, powerful and simple API integration, removing the complexities of fragmented payment infrastructures and allowing global companies to quickly service the growing Mexican market.”
Rapyd went on to add that its integrated payments network provides the ability to quickly integrate complex local payment systems all at once, which otherwise can take months or years to integrate individually.