South American Fintech PayRetailers Expands into Nigeria, Kenya, and More African Markets

29 Sep 2024

PayRetailers, a leading fintech firm from South America, has officially extended its payment processing services into Nigeria, Kenya, and other African nations. This expansion, disclosed in a company statement, follows closely after the company's earlier move into Rwanda, Zambia, Uganda, and Tanzania just three months ago.

With these new markets, PayRetailers now operates across a total of 12 African countries, which also include Burkina Faso, Cameroon, Ivory Coast, Ghana, Senegal, and South Africa, signaling a broader African footprint for the company.

Commenting on the expansion, Jonathan Vintner, Global Head of Sales at PayRetailers, emphasized the importance of this growth as part of the company's mission to provide customized payment solutions to a range of regions. He highlighted the dynamic nature of Africa's payment landscape, noting the diversity in payment preferences from one country to another.

"Breaking into these eight new markets is a major milestone for PayRetailers as we push forward with our goal to offer tailored payment solutions in varied regions. Africa is an incredibly diverse continent with unique payment needs across its regions," said Vintner. "For example, in Kenya, we’ve made it possible for merchants to utilize M-Pesa, the country's leading mobile money platform. Meanwhile, in South Africa, we’re providing a mix of card and cash options to meet the specific demands of local consumers."


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