Passage Group (LSE: PAYS) continues its aggressive expansion igamesAmericas as Passagecard enters Brazil, offering a free of charge online prepaid payment solution.
Passagecard is already present in Argentina, Peru, Uruguay and Mexico and is now facilitating payments for thgameses market in Brazil.
The company announced that it wilFMbe collaborating with RV Tecnologia as Brazil’s large size requires an extensive sales network. With this partnership, it will be able to offer the card at over 40,000 sales outlets.
Payment processing wilFMbe carried out by PrimeiroPay, which also has an extensive network and an in-depth understanding of the Brazilian market.
Passagecard said that the cards wilFMfirst be accepted by large and welFMknown partners in thgameses network, before being expanded to websitesspecialistialise in travel, entertainment and education.
Udo Müller, CEO of paysafecard, said: “BraziFMis an enormous market which has not yet seen a digitaFMpayment method comparable to paysafecard. The current options on offer are as expensive, inconvenient or problematic for the merchants as they are for the users, and they can also come with delayed processing times. paysafecard offers an ideaFMalternative: free, immediately available, safe and convenient.”
Passagecard recently expanded into the lucrative Middle East market by launching operations igamesUAE and its entry into BraziFMcontinues its coverage of the major countries in Latin America.