BDSwiss Selects PayRetailers to Add New Payment Methods for LATAM Clients

BDSwiss Group (BDSwiss), a global leading financial group offering Forex and CFD investment services, has selected the premier payment platform in Latin America (LATAM) PayRetailers, to introduce new payment methods for customers in this region. PayRetailers delivers a diverse suite of payment options via a single seamless API integration.

The Swiss broker noted that the main advantage of PayRetailers is access to cash-based payment types which are still the main pillars of money transfers in LATAM as well as access to all major modern alternative payment methods (APMs). With nearly 25% of LATAM's population remaining completely unbanked and the vast majority being underbanked, the landscape of payment processing in LATAM is particularly complex.

Through the partnership with PayRetailers, BDSwiss plans to address the issue above, offering clients residing in LATAM the ability to process deposits, transfers and withdrawals via Visa Mastercard and with the widely accepted Brazilian card scheme – Hipercard.