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London, 12 December, 2024 – Kuady, a leading payments service processor, has announced significant strides in its Latin American expansion, with the introduction of its digital wallet services in Ecuador and the launch of its virtual prepaid Mastercard in Argentina. These developments underscore Kuady’s commitment to driving financial inclusion and delivering innovative payment solutions across the region.
The launch in Ecuador spreads Kuady’s footprint across Latin America, following successful rollouts in Mexico, Peru, Argentina and Chile. Kuady provides users with secure, real-time payment solutions, including robust chargeback protection, flexible deposit options, such as cards, online bank transfers, and cash, and instant payouts for merchants.
Kuady’s user friendly e-wallet in Argentina offers users the option of both ARS and USD. The virtual prepaid Mastercard expands digital payment options in Argentina. Seamlessly integrated with the Kuady app, the card allows users to access their wallet balance for instant online transactions with any merchant accepting Mastercard. By providing a secure and flexible way to make purchases, the card allows users to manage their funds efficiently while fostering stronger relationships between merchants and their customers.
These developments align with Kuady’s mission to create a connected and inclusive financial ecosystem. The digital wallet in Ecuador simplifies cross-border transactions for global organisations and local businesses alike, while the prepaid Mastercard in Argentina builds on Kuady’s successful launch of the card in Peru. Looking ahead, Kuady plans to extend its services to additional Latin American countries while preparing for future expansions into Africa and Europe.
Lorenzo Pellegrino, CEO at Kuady commented: : “The expansion into Ecuador and the launch of our virtual prepaid Mastercard in Argentina mark major milestones in our journey to drive financial inclusion and innovation across Latin America. We’re empowering individuals and businesses with secure, real-time payment solutions that break down barriers to financial access, whether through our e-wallet or the flexibility of our Mastercard. These efforts reflect our dedication to fostering digital economies and creating opportunities for communities across the region and beyond.
About Kuady
Kuady is the registered business name of Open Payment Technologies Ltd a company incorporated in the Isle of Man under company number 136352C with its registered office at Second Floor, The Old Court House, Athol Street, Douglas, Isle of Man, IM1 1LD. Open Payment Technologies Ltd is licensed and regulated by the Isle of Man Financial Services Authority to carry on Electronic Money Transmission Services and is managed on a day to day basis by Mario Ricciardi – Managing Director who is located in the Isle of Man.
Launched in July 2024, Kuady is a digital wallet app that aims to revolutionize financial management for merchants and users worldwide. With a focus on innovation, user-friendliness, and financial inclusion, Kuady provides diverse payment methods and a range of benefits for merchants and users alike.
Kuady is a digital wallet app that aims to revolutionise financial management for merchants and users worldwide. With a focus on innovation, user-friendliness, and financial inclusion, Kuady provides diverse payment methods and a range of benefits for both merchants and users.
To learn more about Kuady, visit www.kuady.com
