PayRetailers and the 2022 Copa Sudamericana, the jewel of the LATAM crown

FinanceFeeds Editorial Team

After a great year of sponsoring CONMEBOL Sudamericana, PayRetailers is pleased to confirm that they will be supporting the next season of the South American football confederation.

With an estimated viewership of over 5 billion, the Copa Sudamericana has become an established tradition on the continent. Considered the most important tournament in South America, it was originally born out of the need to fill the void of international competition during the second part of each year. The 21st edition takes place in 2022 and will see a major change in the rules with the removal of the away goal rule in all direct elimination rounds.

PayRetailers will continue to maintain the strong branding presence that characterises the company across each of the tournament’s soccer stadiums. Matches this year are expected to be fully packed with thousands of Latin American fans. The company will also maintain a strong presence within the digital ecosystem of the competition, participating in events and activities throughout the year. 

The tournament was held between Wednesday, March 9 and Wednesday, March 16, 2022. One week after the 16 play-off qualifiers have been determined, the draw for the group stage will be held on Wednesday, March 23, which will then begin on Tuesday, April 5 and end on Thursday, May 26. 

Sudamericana 2022 Cup Format

The competition begins with a preliminary phase in which the four qualified teams from Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay and Venezuela will participate. The matches will be between teams from the same country in a two-legged series and the 16 winners will advance to the group phase, where six teams from Argentina and Brazil, and four teams eliminated in Phase 3 of the Copa Libertadores will be added.

As a multinational fintech, it is important for PayRetailers to maintain a solid and persistent presence, as has been the case in recent years. The company continues to operate dedicated support teams across important markets in the region. This allows the company to provide personalised services for global merchants seeking to expand their business in Latin America. Offering more than 250 payment methods that are easily integrated through a single API, the company is leader in the sector for the region. The impact generated by this sponsorship will allow the company to continue consolidating their position. 

PayRetailers are proud to be an Official Sponsor of CONMEBOL Sudamericana™, with all the venues and participants steeped in sporting history. It is no coincidence that football has been, and remains, the most popular sport in the region.

About PayRetailers

Established in 2017, PayRetailers is a leading payment service company headquartered in Spain, with regional offices in Malta, Mexico, Argentina, Brazil, Chile, and Colombia. 

Its flagship online payment platform is a unified solution integrating over 250 payment methods, including online payment alternatives using local currency, such as cash payments, credit/debit cards, online banking, QR codes, and a wide range of eWallets. 

PayRetailers’ payment platform leverages API technology to connect Latin American consumers with international merchants, offering a seamless payment experience. 

From the merchant’s perspective, the solution has the distinct advantage of eliminating the hurdles associated with integrating multiple acquirers and payment methods, setting up several local entities and managing pay-in and payout processors individually.

For more information about the company and its technology solution, please visit www.payretailers.com 

Read this next

Institutional FX

CLS FX volume continues downward trend in August

Total daily traded volume submitted to CLS for settlement took yet another step back in August.

Digital Assets

Huobi taps AstroPay to facilitate fiat-to-crypto payment in Latin America

Huobi, the world’s sixth-largest crypto exchange by trading volume, has recently partnered with payment solution provider AstroPay to launch local currency account deposits and withdrawals in Latin America.

Digital Assets

Crypto exchange FTX to raise $1 billion at flat valuation of $32 billion

FTX is reportedly in discussions with a clutch of heavyweights from traditional finance to raise up to $1 billion in fresh funding to fuel more deal-making.

Digital Assets

Revolut US launches trading on Avalanche, Solana, and Dogecoin

British fintech and banking firm Revolut has further expanded its cryptocurrency offering in the US with the addition of 29 new tokens.

Digital Assets

Bahrain greenlights eazyPay to launch Binance Pay

The Central Bank of Bahrain has blessed a new partnership inked by Binance with Eazy Financial Services ‘eazyPay’, a local POS and online payment service provider. The greenlight enables EazyPayto to launch Bitcoin and cryptocurrency payments in the region.

Digital Assets

Coinbase approved to offer crypto for Dutch users

Nasdaq-listed crypto exchange operator Coinbase has been handed regulatory approval to operate as a crypto service provider in the Netherlands.

Metaverse Gaming NFT

AC Milan partners with Solana-based NFT football game MonkeyLeague

“Partnering with champions like AC Milan, an absolute iconic Club throughout footballs history, is another testament to what we are building and where we are headed as a game and game studio. It also represents a key step in our plans to bridge the Web2 and Web3 worlds.”

Digital Assets

Shariah-compliant Islamic Coin to support SDG-compliant ventures, green projects, and philanthropy

Shariah-compliant Islamic Coin has recently launched a collaboration with the World Green Growth Organization and the International Youth Conference 6, taking place on September 22-25th and September 30th-October 1st, 2022, in New York. 

Market News

Week ahead: US core PCE and eurozone CPI 

We heard from a range of central banks last week and the update sparked big moves in the markets, and the bulk of the volatility was in currencies.

<