Rival of Pay Pal will have card slots

São Paulo – the PayU, global online payments company, announced that it will enter the physical retail. Until then, the company had no physical operation.
The deal will be done in partnership with Global Payments Brazil, a world leader in electronic payment technology, which will provide knowledge about the machines.
The purpose of the in same PayU segment of PayPal, PayPal and Paid Market, for example, is to increase the options offered to its customers.
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"We are expanding our portfolio of solutions to offer our partners more service options and competitive advantages that go beyond online," says Mark Maher, CEO of PayU in Brazil.
On the other side, Global Payments seeks to consolidate in the Brazilian market. The company''s operations in the country covers both traditional retailers as electronic commerce.
The online payment solution of PayU has more than 7,000,000 active buyers and 40000 stores in Brazil accredited.
It operates in 16 countries in Asia, East and Central Europe, Latin America, Middle East and Africa. Entered in Latin America through the acquisition of Pagosonline and DineroMail.
In January 2014, Brazilian companies Bcash and Fcontrol left the Rocket Company and became part of the group Naspers Ltd under the name PayU.