V5Pay is proud to announce a significant advancement in its expansion strategy: We have completed the authorization process to register with the Registro de Adquirentes no Vigilados of the Financial Superintendence of Colombia (SFC), in collaboration with our affiliate company Muon Group, S.A. This landmark achievement marks only the third authorization of its kind granted by the SFC within Colombia.
This development not only reinforces V5Pay’s commitment to global growth but also underscores our adherence to stringent compliance and regulatory standards. With this authorization, we are empowered to deliver a comprehensive suite of services within the payment ecosystem, including cutting-edge payment gateway solutions, seamless acquiring services, and efficient card processing functionalities.
Securing registration paves the way for V5Pay to commence operations in Colombia as a pivotal player in the payment landscape. This process has not only deepened our understanding of Colombia’s dynamic payment landscape but has also forged invaluable partnerships with local stakeholders. These alliances will enable us to seamlessly deliver our cutting-edge payment solutions to businesses and consumers alike.