PrimeiroPay’s business was acquired by dLocal (Nasdaq: DLO) in April 2021
PrimeiroPay was founded in 2014 to provide efficient and reliable payments and financial solutions for merchants who want to expand their online businesses into emerging markets, without the need for a local entity.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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