Western Union (NYSE: WU) and Mercado Pago have announced growth in their existing relationship, giving United States and Canadian customers the ability to send money from Western Union’s mobile app, its website, or from one of its retail locations to Mercado Pago wallet accounts in… Read More
Read more in: Fintech, Global | Tagged mercado pago, payments, western union
Digital asset firm Paxos has inked a deal to provide Mercado Pago with access to the stablecoin Pax Dollar (USDP). The Pax Dollar will now be available to Mercado Pago’s users in Mexico. Paxos shares that over 60 percent of its active wallets are currently… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged arnoldo reyes, latam, latin america, mercado pago, mexico, michael coscetta, paxos, stablecoin, usdp
Mercado Libre, a tech company and one of the largest digital commerce firms in Latin America, confirms the acquisition of Redelcom, a Chilean firm that has been operating since 2010 as a payment services provider and in October 2019 started providing point-of-sale (POS) terminals with… Read More
Read more in: Fintech, General News | Tagged acquisition, chile, digital commerce, e-commerce, latam, latin america, mercado pago, payments, pos, small businesses, smbs, sme's, South America
Banks in Argentina have reportedly launched a new peer to peer (P2P) money transfer app, called Dimo. There are around 20 local banks that have now registered with the joint venture firm Pay Digital, which will be developing and deploying Dimo, according to an update… Read More
Read more in: Fintech, Global | Tagged argentina, digital transactions, digital wallet, fintech adoption, fintech apps, mercado pago, money transfers, online wallet, peer to peer, South America
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