The PayRetailers payment platform closed a sponsorship agreement for the South American Cup. The contract covers the next two editions of the continental competition, which involves 47 football teams from 10 countries.
This partnership is the first of PayRetailers, which, since the beginning of its operations, sees location as a determining factor for payment processing. In the past four years, the company has managed to expand its operations and already has physical representation in 12 markets in Latin America, in addition to plans to settle in Paraguay soon.
“By allowing customers to accept payments in local currencies and settle funds globally on its platform, PayRetailers helped promote e-commerce and reduce the financial exclusion that has affected the region,” said the company.
As proof that payment platforms are attracting attention in the regional market, PayRetailers pointed out that this is the first time that a payment service provider has become an official partner of the South American Cup.
“The importance of fintech companies in the development of Latin American trade and its connection with the rest of the world is also evidenced by the fact that PayRetailers grew by more than 500% in 2020”, explained the company.
PayRetailers CEO explains decision to support the South American Cup.
Juan Pablo Jutgla, CEO and founder of PayRetailers, said: “We couldn’t be happier to be part of this prestigious association as‘ Official Sponsor of Conmebol Sul-Americana ’. During the next two seasons, we will be able to show our solid base in Latin America, and many people who love football will see our brand ”.
Jutgla also pointed out that “in recent years, PayRetailers has observed [the market] and has been very careful in selecting its first sponsorship”.
According to the company’s CEO, “we wanted to make an impact and find a partner who shares our values and is geographically close to our activities. We look for Conmebol because we consider it to be one of the most important associations for people ”.
