Unlimit has announced its partnership with Pagaloop, a prominent Latin American B2B payments and cash flow management platform. The partnership will focus on strengthening the Pagaloop app’s credit and debit card processing capabilities and ensuring high approval rates to facilitate the company’s continued expansion in the region.
Pagaloop uses a single, straightforward interface to enable businesses and individuals alike to use credit cards to pay third-party providers, subcontractors, service providers, or fixed payments like payroll, rent, etc. even in situations when cards are not accepted. The user benefits by having the amount charged to their credit card bill, with the option to pay in instalments rather than as a single lump sum. The solution is ideal for small and medium-sized businesses (SMBs).
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Pagaloop’s solution helps businesses and individuals to streamline their expenses by enabling them to pay with credit cards in more places, more easily
SMBs often struggle to obtain loans from traditional banks and would greatly benefit from better access to credit and increased financial flexibility to pay their various suppliers, many of which do not accept card payments.
The partnership enables Pagaloop to leverage Unlimit’s extensive acquiring network and to support payments through all major card schemes, including Visa and Mastercard. This will provide Mexican SMBs with instant cash flow support which will allow them to focus on their growth.
Martina Selser, Head of Account Management at Unlimit Mexico, said: “We are excited to support Pagaloop in their goal to simplify expense management for small and medium-sized businesses in Mexico and beyond. We are certain that, together, we will be able to deliver a level of service to end customers that answers their needs and supports their businesses’ growth, while also removing existing barriers in their payment journeys.”
Gerardo Briones, Co-founder and CEO of Pagaloop, commented: “At Pagaloop, we are always looking for innovative ways to empower Mexican SMBs with better financial solutions. This partnership with Unlimit allows us to expand our offerings and streamline the payment process, making it easier for businesses to manage cash flow and support their growth. We believe this collaboration will address a critical gap in the market, providing SMBs with the flexibility and financial support they need to thrive.”
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