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BERLIN, GERMANY (March 23, 2015) allpago international (“allpago”), the leading payment provider for the LATAM region, is for the second successive year a top three finalist at the MRC Emerging Technology Awards (METAwards) 2015 and is nominated within the Start-Up Category. allpago is committed to developing Latin American e-Commerce through pioneering payment solutions throughout the region.
METAwards honors and celebrates successful innovation and the newest technologies in the electronic commerce industry. All finalists were selected based on innovation, industry impact and relevance by a panel of leading online merchants. allpago will present its solution and the winner will be selected by an audience vote on Thursday, March 26. MRC Vegas will take place from March 24-26 at the ARIA Resort and Casino in Las Vegas.
allpago believes that the recognized solution “Enabling payments in LATAM” addresses the payment industry challenges in the region by offering state-of-the-art technology, aggregating the relevant local payment methods, and providing legal and tax advice. Merchants only need to integrate once into the allpago platform in order to have access to the entire region. The highest technical and security standards of the industry are guaranteed by the PCI Level One Certification and full compliance with local legal requirements.
Since last year’s nomination, allpago went live in Mexico processing credit and debit cards as well as Oxxo – the main direct cash payment method. The Colombian operation is about to be launched and will provide merchants with local credit cards and the two most relevant alternative payment methods, Botón PSE and Via Baloto. Since 2012 allpago has offered in Brazil, the biggest market in the region, all national credit cards, Boleto Bancário and PayPal for cross-border operations.
allpago is shortly adding the “Intelligent Payment Routing” to its platform. This feature will enhance the authorization process by routing the transactions to the acquirers that statistically show the highest authorization rates for the corresponding credit card BINS.
Philipp Bock, CEO & Founder of allpago, said: “Latin America is the fourth largest region worldwide by B2C E-Commerce sales and it demands payment solutions that quickly adapt to the changing regulatory and technological requirements. Our expertise consists in foreseeing and quickly adapting to these requirements to deliver the best tailor-made payment solution for merchants operating in this market. We are proud to receive this honor and are looking forward to presenting our solution at the 2015 MRC Vegas”.
allpago international (www.allpago.com) is the leading payment provider for the LATAM region. allpago provides the most relevant local payment methods through one API and one single platform. allpago offers the best conversion rates ensuring state-of-the-art technology and legal advice necessary for a successful e-Commerce operation in Latin America.
allpago enables start-ups to Fortune 500 companies to offer the necessary local payment methods in the Latin American market, which account for around 80% of their revenues. Current clients include Art.com, Intel Security McAfee, Paylogic, Sumup, Teamviewer and many other leading payment and digital companies.
Media Contact: Carolina Giudici
Phone: +49 (30) 6098 7982 – 5
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