From the Isle of Man to Peru and Chile, payments service processor Open Payment Technologies Ltd has now expanded its Manx digital wallet service provider, Kuady, into Argentina.
Argentina marks the next Latin American (LatAm) country Kuady will offer its services as it looks to provide global organisations with greater reach and access to other markets across the region. Kuady will support these organisations by providing seamless cross-border transactions.
Argentina is only the beginning though. Having already set up in Chile and Peru, Kuady’s journey will see it further expand into other countries in LatAm. Following this, the firm also has aspirations of expanding into the African and European markets too.
Lorenzo Pellegrino, CEO at Kuady
Lorenzo Pellegrino, CEO at Kuady said: “At Kuady, we’re dedicated to driving global financial inclusion and innovation. Our expansion into Argentina marks a significant milestone in our mission to provide secure and efficient digital payment solutions worldwide. By continuously enhancing and improving our digital wallet, we’re helping to empower individuals and businesses, facilitating growth and economic stability.”
Operating under an electronic money transmission services licence granted by the Isle of Man Financial Services Authority, Kuady serves as a payment service processor for merchants. It also offers an e-wallet app for customers.
Key features include:
robust chargeback protection
various deposit options such as cards, online bank transfers and cash
instant payouts for customers
These address the needs of individuals who face challenges in accessing their funds.
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