UOL BoaCompra Now Offers Full-Coverage Local Payment Options for Argentina

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Feb 01, 2017, 08:00 ET

SÃO PAULO, Feb. 1, 2017 /PRNewswire/ -- UOL BoaCompra, the leader in emerging markets and digital payments throughout Latin America for the gaming segment, announced its launch into Argentina, the third largest market in Latin America with 17.7 Million online shoppers. The company is now offering 25 additional local payment methods, including all major local cards, and all cash payment options such as Rapipago and Pagofacil, enabling international game companies to access Argentina.

Argentina has one of the highest Internet penetration in Latam with 69.2% of the population accessing the Internet however, most of Argentinean Internet users are commonly unable to make purchases in international sites because local credit cards and local payment methods are not supported, UOL BoaCompra digital payment solution will meet this demand.

UOL BoaCompra Director of Payments and Strategy Fernando Estevez Vazquez comments: "Argentina has been on our radar for years, but local government policies made it impossible for International companies to access the market previously. Once those policies became more flexible, UOL BoaCompra worked hard to establish the best possible local partnerships in order to offer its clients full local coverage and high standard service. We are very excited that our clients can benefit from our expertise on emerging markets, and monetize their services in Latam, with a single Integration, contract and settlement."

In the past 5 years, UOL BoaCompra has expanded its operations from Brazil to Chile, Colombia, Costa Rica, Ecuador, Mexico, Peru, Portugal, Spain and Turkey. UOL BoaCompra presence in Argentina brings up more than 150 payment options with the best payment coverage in those markets.

About UOL BoaCompra

Founded in 2004, UOL BoaCompra is an online payment company, specializing in cross-border payments, videogames and digital services. UOL BoaCompra supports more than 6,000 online titles across Brazil, Argentina, Chile, Colombia, Costa Rica, Ecuador, Mexico, Peru, Portugal, Spain and Turkey with more than 150 available payment methods. This includes Go4Gold, a virtual currency created specifically for game transactions. More than 130 of the largest gaming companies — including Electronic Arts, Valve Corporation, Riot Games, Oasis Games, SmileGate and Bigpoint — have partnered with UOL BoaCompra to bring their games to emerging markets. UOL BoaCompra also owns and operates the independent e-sports league XLG UOL (Xtreme League). For additional information, please visit boacompra.com, go4gold.uol.com.br or xlg.uol.com.br.