Payments Unicorn Kushki partnered with J.P. Morgan to streamline Kushki’s payment processing and acquiring tools. Kushki joins J.P. Morgan’s global fintech network, which currently includes 100 fintech partners.
This partnership aims to meet the growing demand for payment solutions among large corporations across Latin America, starting with Mexico and Colombia.
The alliance will allow, J.P. Morgan Payments to accelerate payment processing and improve the ecommerce and card payment experience. It also aims to expand payment solutions to other Latin American markets where Kushki operates.
Kushki provides a comprehensive payments ecosystem that helps businesses reduce transaction costs and complexity while improving acceptance rates and reducing fraud.
“We are a non-bank regional acquirer focused only on payments, which makes us agnostic and allows us to complement each other through this alliance,” said Fernando López, Regional Manager of Kushki Mexico.
J.P. Morgan Payments processes approximately 10B payments daily, offering services in more than 160 countries and more than 120 currencies.
Read more on El Economista.