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PPRO strengthens position local payments platform with acquisition of allpago.

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BANKING AND CREDIT NEWS-June 19, 2019-PPRO strengthens position local payments platform with acquisition of allpago

(C)2019 M2 COMMUNICATIONS http://www.m2.com

PPRO, a UK-based cross-border e-payments specialist, has announced it has acquired Latin American payments provider allpago to create a leading platform for local payments, the company said.

This expansion is a transformational step for PPRO to meet its ambition of globalizing the company and build upon its recent expansion into Asia-Pacific and North America.

The deal will see PPRO become a major influence in all markets globally and is adding a wealth of additional local payment methods to their payments offerings. By utilizing allpago's knowledge and technical integrations into LPMs, PPRO can add even more value to their customers: payment service providers and their merchants.

This acquisition is part of a wider strategy that PPRO has adopted to become a truly global platform with direct integrations into all major local payment methods worldwide, and to meet customers' needs around the clock wherever they are...

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