BBVA Acquires Mexican Payments Startup Openpay, Expanding Digital Business

[kreslik.news]

BBVA (Banco Bilbao Vizcaya Argentaria) has opted to expand its digital business capabilities, culminating in the acquisition of Mexican payments startup Openpay, a payments gateway servicing the country, according to a group statement.

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Openpay’s payments suite entails a broad range of advanced online solutions and functionalities in Mexico. In particular, Openpay also serves as a payment service provider (PSP) that helps facilitates e-commerce across mobile devices. The group relies on a real time platform that enables users to make card and cash payments and bank transfers ... (read more)