- It is a landmark in the market that will allow more Paraguayans and merchants to access digital payment methods;
- In 2018, the Banco Continental acquired an equity interest in BEPSA to expand payment services.
Mastercard announced that it has licensed Banco Continental to operate as a new acquirer of the brand in Paraguay, reported ñandutí.
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It is a landmark in the market that will allow more Paraguayans and merchants to access digital payment methods. In 2018, the Banco Continental acquired an equity interest in BEPSA (that provides financial transactions) to expand the coverage of transactional services and develop new market segments, in line with the country’s financial inclusion.
Now, with the license, merchants will have a new option to accept credit, debit and prepaid cards, with the possibility of expanding their business and increasing the average ticket.
