Cabify, founded in 2011 by Spanish entrepreneur Juan de Antonio, has received more than USD 150 million in investments, which reflects the company's successful business model and potential for further growth. Cabify currently has offices in 12 countries and more than 33 cities across Spain, Portugal, and Latin America.

From October 2016, Ingenico ePayments exclusively processes both full-service and gateway payments for Cabify. Consumers will be offered credit card in-app purchasing as the primary payment option, and as the business expands over the region in the next few months, new currencies and payment methods will be added to ensure that consumers will have payment options tailored to their preferences.

With customers all around Latin America, Ingenico's portfolio of key local payment methods and cross-border processing capabilities will help Cabify to increase transaction conversion rates, resulting in increased revenue and a seamless and secure payment experience for consumers.

Ingenico Group SA published this content on 15 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 November 2016 06:03:09 UTC.

Original documenthttps://www.ingenico.com/press-and-publications/press-releases/all/2016/11/ingenico-epayments-and-cabify-partner-in-latin-america-to-offer-consumers-the-most-seamless-and-secure-payment-experience.html

Public permalinkhttp://www.publicnow.com/view/6E36E2130FB3781DE8B449AA30B064B51D491BF7