PayRetailers logo. Source: Finance Magnates

PayRetailers Expands Presence in Africa

Payment processing firm PayRetailers has revealed its expansion plans in Africa, targeting four countries on the continent for its services. The company aims to introduce payment processing capabilities in Tanzania, Rwanda, Uganda, and Zambia, starting in May.

With this expansion, online casino operators in the mentioned countries will gain access to PayRetailers' payment processing solutions. CEO Juan Pablo Yutgla highlighted the significant potential that Africa offers for the company, emphasizing the importance of entering new markets to ensure sustainable growth and global relevance.

The move aligns with recent trends of companies recognizing Africa's growing market potential, exemplified by 3 Oaks Gaming's partnership with Supabets in South Africa earlier this month.

16 May 2024, 10:00

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