SafetyPay

Founded in 2007, SafetyPay is a secure alternative payments platform that enables e-commerce transactions for consumers and merchants. With a comprehensive suite of B2C and B2B payment solutions available, the company eliminates common pain points associated with traditional payment methods. SafetyPay makes it possible for non-card holders and fraud-wary consumers to participate in the online marketplace - shoppers are connected to merchants worldwide and pay directly from their bank accounts or with cash in local currency, without fear of online fraud as their bank information is not shared online. For merchants, SafetyPay enables incremental sales by processing payments of underbanked and international consumers, and reduces the number of chargebacks and cross-border fees. The platform offers the largest payment network in Latin America integrated by over 90% of the banks' coverage and more than 200,000 cash collection points connecting shoppers and merchants in in 18 countries worldwide, across Latin America, Europe and North America.