Online payments firm UOL BoaCompra has expanded its presence in Latin America by launching operations in Uruguay.

“Aiming million online users in a country with a GDP per capita of $15,220, Uruguay was a natural choice for UOL BoaCompra’s expansion in Latin America,” the payments firm said in a statement.

UOL BoaCompra offers over 150 local payment methods and works with more than 300 partners, focusing on monetising for international platforms.

The company set up its presence in Latin America in 2004, and also has operations in Brazil, Mexico, Peru, Colombia, and Chile.

UOL BoaCompra general manager Alain Delcourt said: “With our support, international companies can boost their sales in a country with one of the highest internet penetration rates in Latin America (83%).

“BoaCompra simplifies any local payments in Uruguayan Pesos (UYU) with six different local payment methods and a 24×7 Spanish speaking customer support.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.