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PayU acquires Ding to expand in LATAM

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The Colombian government has given their approval for the Dutch company PayU to acquire the local company Tecnipagos, better known as Ding, which specializes in electronic payments and deposits.

Ding allows retailers to accept credit and debit cards, QR codes, and more, and make electronic deposits similar to a savings account.

The company offers online and in-person Visa debit and business cards.

PayU processes online payments, offers consumer credit, and invests in fintech. The company has 3000 employees in 50 markets and 18 offices.

Source Link PayU acquires Ding to expand in LATAM

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