Bamboo Payment partners with Ontop to revolutionise payment solutions in Latin America

MONTEVIDEO, Uruguay - Sept. 4, 2024 - PRLog -- Bamboo Payment (https://bamboopaymentsystems.com/), a pioneer in innovative payment solutions, is delighted to announce a groundbreaking strategic partnership with Ontop, a leader in global payroll management. This alliance is set to transform the workforce management landscape in Latin America, dramatically reducing payment processing times and enhancing fund accessibility for workers.

"We are excited to partner with Ontop to refine payment processes in Latin America. This collaboration doesn't just accelerate transactions—it reinforces our dedication to providing dependable and transparent services," stated Francisco Leon, Bamboo Payment.

In the first week of operations alone, Bamboo and Ontop successfully processed over a couple of million dollars, benefiting thousands of contractors with an impressive 99.75% approval rate. This efficiency ensures that contractors can access their funds in the Ontop account at any time, providing instant availability and streamlined currency conversion.

"The synergy between our technological platforms has rapidly produced tangible benefits, as seen in some Latam markets. This is a testament to our shared vision and commitment to simplifying payments operations globally," remarked Juan Pablo Acosta, Head of Financial Operations at Ontop.

As we look to the future, Bamboo Payment and Ontop are committed to extending these enhancements to additional markets in the region, aiming to replicate this success in other Latin American markets facing similar challenges.

About Bamboo Payment: Bamboo Payment drives business growth across Latin America by providing seamless access to instant payment methods and cross-border settlements. With comprehensive pay-in and payout capabilities, our platform offers unmatched speed and extensive coverage, empowering merchants to make agile business decisions and capitalize on opportunities swiftly. Headquartered in key markets including Brazil, Argentina, Colombia, Mexico, Peru, Chile and Uruguay, Bamboo Payment combines local expertise with a single platform solution. Discover more at bamboopayment.com.