Kuady, a payments service processor, announced key updates in its Latin American expansion, with the launch of its digital wallet services in Ecuador and the roll-out of its virtual prepaid Mastercard in Argentina.
These developments underscore Kuady’s commitment to driving financial inclusion and delivering payment solutions across the region.
The launch in Ecuador spreads Kuady’s footprint across Latin America, following rollouts in Mexico, Peru, Argentina and Chile.
Kuady provides users with real-time payment solutions, including chargeback protection, deposit options, such as cards, online bank transfers, and cash, and “instant payouts for merchants.”
Kuady’s e-wallet in Argentina offers users the option of ARS and USD.
The virtual prepaid Mastercard expands digital payment options in Argentina. Seamlessly integrated with the Kuady app, the card allows users to access their wallet balance for “instant online transactions with any merchant accepting Mastercard.”
By providing a secure way to make purchases, the card allows users to manage their funds efficiently while fostering “relationships between merchants and their customers.”
These developments align with Kuady’s mission to create a “connected and inclusive financial ecosystem.”
The digital wallet in Ecuador simplifies cross-border transactions for global organizations and local businesses, while the prepaid Mastercard in Argentina builds on Kuady’s launch of the card in Peru.
Looking ahead, Kuady plans to extend its services to additional Latin American countries while “preparing for future expansions into Africa and Europe.”
Lorenzo Pellegrino, CEO at Kuady commented:
“The expansion into Ecuador and the launch of our virtual prepaid Mastercard in Argentina mark major milestones in our journey to drive financial inclusion and innovation across Latin America.”
As noted in the update, Kuady is the registered business name of Open Payment Technologies Ltd, which is reportedly a company incorporated in the Isle of Man with its registered office at Isle of Man, IM1 1LD.
Open Payment Technologies Ltd is licensed and regulated by the Isle of Man Financial Services Authority to “carry on Electronic Money Transmission Services and is managed on a day to day basis by Mario Ricciardi – Managing Director who is located in the Isle of Man.”
With a focus on innovation, user-friendliness, and financial inclusion, Kuady provides diverse payment methods and a “range of benefits for merchants and users alike.”
Kuady is a digital wallet app that aims to improve financial management for merchants and users.
With a focus on financial inclusion, Kuady provides various payment methods and a range of benefits for merchants and users.
