Kuady, a payments service processor, has announced the expansion of its digital wallet services
Kuady, a payments service processor, has announced the expansion of its digital wallet services into Mexico, building on its successful rollout in Peru, Chile and Argentina. This expansion offers a seamless and secure experience for managing money through a user-friendly e-wallet app.
The launch in Mexico signifies Kuady’s ongoing growth across the Latin American region, broadening access to the market for global organisations. This expansion will facilitate seamless cross-border transactions for these organisations, with additional Latin American countries continuing to be added on a monthly basis. By expanding its services, Kuady is enhancing financial access and inclusion across Latin America, enabling more people to participate in the digital economy. Kuady also has plans for future expansion into Africa and Europe.
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Kuady operates under an Electronic Money Transmission Services license granted by the Isle of Man Financial Services Authority, providing payment processing services for merchants and offering a customer e-wallet app. Key features include robust chargeback protection, a variety of deposit options such as cards, online bank transfers, and cash, as well as instant payouts for customers, addressing the needs of those who face challenges accessing their funds.
Lorenzo Pellegrino, CEO at Kuady said: “Expanding into Mexico represents a significant milestone for Kuady, as we continue our mission to drive financial inclusion and innovation across Latin America. By facilitating cross-border transactions, we aim to create a more interconnected financial ecosystem that benefits both our partners and the communities they serve.”
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About Kuady
Kuady is the registered business name of Open Payment Technologies Ltd a company incorporated in the Isle of Man under company number 136352C with its registered office at Second Floor, The Old Court House, Athol Street, Douglas, 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.
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Source – Kuady
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