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Kush Saxena, Getnet global CEO: “Getnet by Santander will revolutionise Latin American e-commerce, being the only bank in the region offering this single integration.”
25 October 2024.
Getnet, Santander’s leading global provider of payment solutions for merchants, announces today the launch of Getnet SEP, its new regional e-commerce solution that will work as a single entry point (SEP) for payments in Brazil, Argentina, Chile and Mexico. Through this pioneer payment solution, merchants operating in these countries will have access to Getnet’s payment services through one unique, direct integration. Getnet by Santander is the only bank in Latin America offering this single integration.
An increasing number of online merchant platforms are operating in more than one Latin American country. This includes regional businesses or large enterprises, such as subscription entertainment platforms and online marketplaces.
Getnet SEP is simplifying the integration of payment services, including sales, refunds, anti-fraud, subscriptions, tokenization, and more. Through this simplified integration process, customers will be able to reduce the complexity and technical challenges associated with integrating and maintaining multiple payment methods and providers.
Customers in Getnet Brazil using “Plataforma Digital” and in Getnet Argentina already have access to Getnet SEP. Merchants in Chile and Mexico will have access to Getnet SEP in the next weeks.
The launch comes as the Latin American e-commerce market is poised for significant growth over the next few years, recently projected to surpass €800 billion by 2026. Getnet SEP will provide customers with a scalable and flexible solution that can adapt to changing business needs and accommodate future payment growth and innovations in the region. Merchants will easily be able to add or switch payment providers, expand into new markets and adopt emerging payment technologies.
Getnet by Santander will revolutionise Latin American e-commerce, being the only bank in the region offering this single integration. The launch of Getnet SEP demonstrates our ongoing commitment to simplicity, speed and safety. We’re proud to already serve some of the most innovative and disruptive e-commerce companies in the world, processing 171 million monthly transactions for our customers in the region.
Getnet, which is part of PagoNxt, one of a kind paytech business from Santander providing customers with a one-stop shop for innovative payments and integrated solutions, will provide personalised support from specialists during the integration process.