PayRetailers Group, which has 250 payment methods in Latin America, has partnered with cryptocurrency exchange XBO.com to boost the platform’s expansion in the continent.
XBO.com recently launched its platform that merges gaming-inspired UI and top security solutions to offer traders a user-friendly and reliable alternative to existing exchange platforms.
The platform offers a loyalty programme that guarantees benefits to users with each accumulation of points and transition between the stages, as well as one of the most appealing referral programmes on the market today with luxurious trading fee rewards.
The partnership opens the door for Latin American users to seamlessly trade and invest cryptocurrencies on the XBO platform as well as exchange fiat for crypto.
PayRetailers’ various APM methods will be integrated into XBO, allowing the exchange’s LatAm users to swap crypto for fiat, withdrawing it directly to their bank account.
PayRetailers’ payment platform leverages API technology to connect Latin American users with international merchants, offering a seamless payment experience.
From the merchant’s perspective, the solution has the distinct advantage of eliminating the hurdles associated with integrating multiple acquirers and payment methods, setting up several local entities and managing pay-in and payout processors individually.
“Using PayRetailers’ array of payment methods will allow us to tap LatAm markets and offer a fast and frictionless experience to our clients when it comes to fiat on-ramping and off-ramping,” says Gilad Shalem, chief payment officer at XBO.com.
