Flexible payment integration
MassPay’s API makes integrating with existing software and CRM systems easy—you can manage your international payments in one place.
Guatemala is quickly becoming one of the fastest-growing markets in Central America. The country’s eCommerce market is now the 64th largest market globally.
There has been a noticeable shift in online shopping, as more of the population has become comfortable with digital transactions. Cash payment systems remain king, but mobile payments are carving a niche.
Transaction volume in the eCommerce market has been steadily increasing in Guatemala, demonstrating the growing consumer confidence in online shopping. While cash platforms like Punto Express remain integral, the government has adopted measures to increase online transactions.
|
In Guatemala, international online sales and local online sales in 2020 grew by 60% and 118%, respectively. |
|
Central American governments and some institutions have prioritized eCommerce, offering more interactive services online. |
There has been a rise in Central Americans completing digital transactions, in Guatemala alone, more than 50% of the population shops online. | |
Most of Guatemala's international eCommerce transactions are with the U.S., while European and Mexican markets are also gaining traction. |
Now, let’s take a look at some of the features our platform provides to make global payments simpler and more efficient.
MassPay’s API makes integrating with existing software and CRM systems easy—you can manage your international payments in one place.
Our automated process ensures payouts are sent out quickly and accurately—no need to worry about manual errors.
MassPay is designed to simplify businesses setting up a global payment plan. All you need is an internet connection and your company information.
We know how important it is for your business to be global and adaptive—that’s why we’ve built our payout platform with this in mind.
In line with our commitment to offer our clients whatever they need to succeed in competitive global markets, we also have recently introduced a comprehensive Visa debit card program tailored for both payers and payees.
Features include:
The cards carry the Visa brand, ensuring global acceptance at over 20 million merchants.
Payees have the choice of a virtual card for online shopping or a physical card for in-store purchases.
Cards are compatible with top digital wallets like Apple, Google, and Samsung.
Activation is quick, providing payees with immediate fund access. A virtual card ensures instant spending capabilities.
The program is currently available only for U.S. residents, but global options can be discussed.
Real-time fund access for payees, making finance management convenient.
MassPay allows businesses to co-brand the debit cards for an enhanced brand experience.
Furthermore, MassPay emphasizes customer support with a dedicated team of payout specialists ready to assist.