AstroPay expands payment links capabilities across Latin America

Payments supplier AstroPay will expand its links across Latin America; launching in Peru, Chile, Mexico and Colombia for small and medium-sized enterprises (SMEs)

Payments provider AstroPay will expand its links across Latin America; launching in Peru, Chile, United Mexican States and Republic of Colombia for little and moderate-size enterprises (SMEs).

The relocation takes AstroPay 1 step closer to its end of introducing payment links worldwide, having first off launched in Brazil inward December 2021.

AstroPay’s defrayment links do work past enabling business concern owners to gather up online payments via links shared with customers, or through a peregrine phone number. The keep company claims enterprises are paid easily and securely, with customers able to pay inwards either their local currency or US dollars.

According to AstroPay, Latin America represents a antecedency market, with SMEs growing by nearly 11% between 2020 and 2021. The keep company cites that an additional 29,249 little and mass medium enterprises came into existence crosswise Latin America during 2021.

AstroPay also notes that SMEs accounting for 99% of total businesses inward both Mexico and Peru; the troupe claims the SME securities industry inwards Latin America is, therefore, a important market place of expansion.

Mikael Lijtenstein, AstroPay CEO, said: “Many micro and small businesses could not attain the loudness limen required to make accepting credit entry scorecard payments financial feasibility, so they need online payment options that non only when surface up a human race of new revenue streams and opportunities but micturate it possible to contend with the vainglorious companies. Payment Links are cost-effective and bid flexibleness and informality of trading operations for these businesses.

“With AstroPay’s Payment Links capability, micro and small stage business owners tin bid their customers a quick, easy, and convenient way to pay, and it’s affordable to take on payments.”