What PayCash does

PayCash is a B2B payments infrastructure platform headquartered in Monterrey, Mexico, and operating as a subsidiary of Grupo Red Efectiva. The company enables merchants across Latin America to accept cash payments, A2A interbank transfers (SPEI in Mexico, PIX in Brazil), digital banking payments, and digital wallets through a single API integration. As of the latest available data, PayCash connects merchants to more than 400,000 authorized physical payment points and over 1,400 affiliated companies across 11 Latin American countries (Mexico, Colombia, Honduras, Guatemala, Peru, Ecuador, Panama, Dominican Republic, Costa Rica, Chile, and Brazil), with marketing materials referencing more than 13 countries. The platform's distribution is built on partnerships with tier-1 banks (Santander, Banorte, BBVA, BCP, Banco de Bogotá, Davivienda), retail chains (Walmart, Soriana, Neto, Calimax), convenience stores (7-Eleven, Circle K, Extra, Kiosko), and country-specific cash and instant-payment networks (Efecty, Sencillito, Servipag, Punto Pago, PIX, PSE, Yape).

The core product is a unified REST API that allows merchants to generate unique payment references, share them with end customers via WhatsApp, SMS, email, or printed payment orders, and receive real-time transaction confirmations. Supporting products include the Merchant Portal for transaction monitoring, reporting, and settlement tracking, plus consumer-facing tools for reference lookup (Consulta tu Referencia) and payment-point location (Buscador de Puntos de Pago). The platform guarantees 100% of received payments with no chargebacks, offers cross-border settlement, and has introduced USDT (Tether) as a settlement option. Integration is positioned at 5–10 business days on average, with sales delivered through direct enterprise outreach rather than self-service.

PayCash monetizes via transaction-based take-rate fees on payments processed through the platform, with pricing provided on a quote basis rather than published publicly. It pursues a horizontal segmentation strategy spanning e-commerce, financial services, gaming/gambling, mobility/delivery, education, and insurance verticals, with both enterprise and mid-market merchant tiers. The GTM motion is API-first, with field-sales-style outreach to enterprise merchants and direct-to-consumer reference delivery (WhatsApp/SMS/email) serving as both checkout UX and distribution touchpoint.

Name

PayCash

Legal name

PayCash

Website

https://paycashglobal.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

PayCash is a B2B payments infrastructure platform that enables merchants across Latin America to accept cash, A2A transfers, digital banking, and digital wallet payments via a single API, connecting to 400,000+ physical and digital payment points across 11 countries for e-commerce, lending, gaming, and insurance verticals.

Ownership category

akta.pro rank

Product category

Cross-Border Payment Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

akta.pro secondary industries

A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF), Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)

Keywords

• Cash payment network
• API payment integration
• Latin America payments
• Cross-border settlements
• A2A payment processing

Headquarters

HQ city

Monterrey

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations

Revenue model

1. Payment Transaction Fees: PayCash charges transaction fees on each payment processed through its platform. Merchants generate a unique payment reference shared with customers (via WhatsApp, SMS, email, or payment order), and the transaction is processed with real-time confirmation. The company guarantees 100% of received payments, with refunds under merchant control only.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

PayCash provides a single API that enables merchants and platforms to accept cash payments, account-to-account (A2A) transfers, digital banking, and wallet payments across more than 11 Latin American countries through a network of over 400,000 physical payment points. The platform aggregates multiple local payment methods into one integration, supporting transactions, reference lookups, and real-time notifications for e-commerce, fintechs, gaming, mobility, education, and insurance verticals.

Product overview

PayCash is a unified payment acceptance platform operated by Red Efectiva Group that enables businesses to accept cash payments, A2A interbank transfers, digital banking, and digital wallets through a single API integration across Latin America. The core product consists of the PayCash Payment Platform and its API, supplemented by the Merchant Portal for transaction management and reporting, the Reference Lookup tool for customers to check payment details, and the Payment Points Locator for finding nearby cash payment locations. The platform connects merchants to over 400,000 physical payment points and supports digital payment methods including SPEI, PIX, and various digital wallets across 11 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• PayCash Payment Platform

Quantifiable outcome

• 400,000+ authorized physical payment locations across Latin America
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

58 partnerships are on record, tiered core and major.

• Mercado PagocoreChannel Partner/ Reseller/ DistributorMercado Pago is shown as a partner logo on PayCash's homepage. As a leading digital payment platform in Latin America, Mercado Pago likely serves as both a payment method available to merchants and a distribution channel for PayCash's cash payment network.
• SantandercoreChannel Partner/ Reseller/ DistributorSantander bank is listed as a partner on PayCash's homepage. The bank serves as both a payment acceptance point (for A2A/SPEI transfers) and a partner establishment for cash payment collection in Mexico.
• WalmartcoreChannel Partner/ Reseller/ DistributorWalmart (including Walmart Express, Aurrera, Sam's Club, and City Club) is shown as a partner on PayCash's homepage. Walmart stores serve as physical cash payment collection points in Mexico, with Walmart's extensive retail footprint enabling wide cash payment accessibility.
• BanortecoreChannel Partner/ Reseller/ DistributorBanorte, Mexico's largest domestic bank, is listed as a partner. Banorte likely serves as both a digital banking payment method (SPEI) and a branch network for physical cash payment collection.
• PIX (Brazilian Instant Payment System)coreChannel Partner/ Reseller/ DistributorPIX, Brazil's central bank instant payment system, is listed as a partner on the homepage. PayCash integrates with PIX to enable instant A2A payment transfers for merchants operating in Brazil.
• PSE (Pagos Seguros en Línea - Colombia)coreChannel Partner/ Reseller/ DistributorPSE, the Colombian online payment system, is listed as a partner. PayCash integrates with PSE to enable online bank transfers for merchants operating in Colombia.
• Yape (Peru)coreChannel Partner/ Reseller/ DistributorYape, Peru's leading mobile payment app (owned by BCP), is listed as a partner. PayCash integrates with Yape to offer digital wallet payments to merchants operating in Peru.
• Banco de Bogotá (BCP - Peru)coreChannel Partner/ Reseller/ DistributorBanco de Crédito del Perú (BCP), Peru's largest bank, is listed as a partner. BCP bank branches and ATMs serve as payment locations, and PayCash integrates with BCP's banking infrastructure for payment processing.
• BBVAcoreChannel Partner/ Reseller/ DistributorBBVA bank is listed as a partner, serving as both a digital banking payment channel and branch network for cash payment collection across multiple countries including Mexico, Peru, and Ecuador.
• Seven Eleven (7-Eleven)coreChannel Partner/ Reseller/ Distributor7-Eleven convenience stores in Mexico serve as physical cash payment collection points. PayCash's network includes 7-Eleven locations where customers can complete cash payments using their payment reference.
• SorianacoreChannel Partner/ Reseller/ DistributorSoriana, a major Mexican supermarket chain, is listed as a partner. Soriana stores serve as physical cash payment locations for PayCash merchants in Mexico.
• MercadoLibrecoreChannel Partner/ Reseller/ DistributorMercadoLibre is shown as a partner on the homepage. As the largest e-commerce platform in Latin America, MercadoLibre may integrate with PayCash to offer cash payment options to its merchant ecosystem.
• Banco de Bogotá (Colombia)coreChannel Partner/ Reseller/ DistributorBanco de Bogotá is listed as a payment network partner in Colombia, serving as both a digital banking channel (PSE) and bank branch network for cash payment collection.
• Grupo Red Efectiva (Parent Company)coreStrategic or Co-development PartnerPayCash is part of Grupo Red Efectiva, a company with extensive experience that created a transactional platform enabling commercial partners to offer a wide range of online services to their customers, built on state-of-the-art technology forming a secure, reliable, and easy-to-use network.
• EfectymajorChannel Partner/ Reseller/ DistributorEfecty is a major cash payment network in Colombia with thousands of physical locations. Listed on the payments.php page as a Colombia payment partner.
• MoviiredmajorChannel Partner/ Reseller/ DistributorMoviired is a Colombian payment network providing cash payment services. Listed as a Colombia payment partner on the payments.php page.
• Punto RojomajorChannel Partner/ Reseller/ DistributorPunto Rojo is a Colombian cash payment network. Listed as a payment partner in Colombia on the payments.php page.
• Nequi (Davivienda - Colombia)majorChannel Partner/ Reseller/ DistributorNequi is a digital wallet from Davivienda bank in Colombia. Listed as a Colombia payment partner on the payments.php page.
• DaviviendamajorChannel Partner/ Reseller/ DistributorDavivienda is a major Colombian bank and issuer of the Nequi digital wallet. Listed as a payment partner in Colombia.
• DaviplatamajorChannel Partner/ Reseller/ DistributorDaviplata is a mobile wallet service from Banco de Bogotá in Colombia. Listed as a payment partner.
• Banco Pichincha (Ecuador)majorChannel Partner/ Reseller/ DistributorBanco Pichincha is Ecuador's largest bank, serving as a payment partner and digital banking channel for PayCash in Ecuador.
• Banco del Pacífico (Ecuador)majorChannel Partner/ Reseller/ DistributorBanco del Pacífico is listed as a payment partner in Ecuador, providing banking infrastructure for PayCash transactions.
• Banco Internacional (Ecuador)majorChannel Partner/ Reseller/ DistributorBanco Internacional is listed as a payment partner in Ecuador.
• Caja Arequipa (Peru)majorChannel Partner/ Reseller/ DistributorCaja Arequipa is a Peruvian microfinance institution and payment network. Listed as a Peru payment partner.
• Caja Trujillo (Peru)majorChannel Partner/ Reseller/ DistributorCaja Trujillo is a Peruvian microfinance institution and payment point network in Peru.
• Caja Piura (Peru)majorChannel Partner/ Reseller/ DistributorCaja Piura is a Peruvian microfinance institution serving as a payment partner in Peru.
• Banco BanBif (Peru)majorChannel Partner/ Reseller/ DistributorBanBif is a Peruvian bank listed as a payment partner in Peru.
• Interbank (Peru)majorChannel Partner/ Reseller/ DistributorInterbank (Banco Interamericano del Pacífico) is a major Peruvian bank and payment partner for PayCash in Peru.
• Kasnet (Peru)majorChannel Partner/ Reseller/ DistributorKasnet is a Peruvian payment network and digital payment service. Listed as a payment partner in Peru.
• Niubiz (Peru)majorChannel Partner/ Reseller/ DistributorNiubiz is Peru's leading online payment gateway. Listed as a payment partner in Peru.
• Western Union (Peru)majorChannel Partner/ Reseller/ DistributorWestern Union has significant presence in Peru as a remittance and payment service. Listed as a Peru payment partner.
• Farmacias del Ahorro (Mexico)majorChannel Partner/ Reseller/ DistributorFarmacias del Ahorro is a major Mexican pharmacy chain serving as a physical cash payment location in Mexico.
• Farmacias Roma (Mexico)majorChannel Partner/ Reseller/ DistributorFarmacias Roma is a Mexican pharmacy chain listed as a payment partner in Mexico.
• Circle K (Mexico)majorChannel Partner/ Reseller/ DistributorCircle K convenience stores in Mexico serve as physical cash payment points for PayCash.
• Extra (Mexico)majorChannel Partner/ Reseller/ DistributorExtra convenience stores in Mexico serve as physical cash payment locations.
• Kiosko (Mexico)majorChannel Partner/ Reseller/ DistributorKiosko convenience stores in Mexico are listed as payment partners and physical cash payment locations.
• Neto (Mexico)majorChannel Partner/ Reseller/ DistributorNeto is a Mexican supermarket chain listed as a payment partner in Mexico.
• Calimax (Mexico)majorChannel Partner/ Reseller/ DistributorCalimax is a Mexican supermarket chain serving as a physical payment location in Mexico.
• Via (Mexico)majorChannel Partner/ Reseller/ DistributorVia is a Mexican retail chain listed as a payment partner.
• Sencillito (Chile)majorChannel Partner/ Reseller/ DistributorSencillito is a Chilean payment network for cash payments. Listed as a Chile payment partner.
• Servipag (Chile)majorChannel Partner/ Reseller/ DistributorServipag is a major Chilean payment and collection service network. Listed as a payment partner in Chile.
• Khipu (Chile)majorChannel Partner/ Reseller/ DistributorKhipu is a Chilean online payment platform. Listed as a payment partner in Chile.
• Mach (Chile)majorChannel Partner/ Reseller/ DistributorMach is a Chilean digital wallet. Listed as a payment partner in Chile.
• Banco Popular (Dominican Republic)majorChannel Partner/ Reseller/ DistributorBanco Popular Dominicano is a major bank in the Dominican Republic listed as a payment partner.
• BHD León (Dominican Republic)majorChannel Partner/ Reseller/ DistributorBHD León is a Dominican Republic bank listed as a payment partner.
• Pagatodo (Dominican Republic)majorChannel Partner/ Reseller/ DistributorPagatodo is a Dominican Republic payment network for cash collections. Listed as a payment partner.
• Midas Red (Dominican Republic)majorChannel Partner/ Reseller/ DistributorMidas Red is a Dominican Republic payment network. Listed as a payment partner.
• Ficohsa (Honduras)majorChannel Partner/ Reseller/ DistributorFicohsa is a major Honduran bank and payment network. Listed as a payment partner in Honduras.
• Tigo Money (Honduras)majorChannel Partner/ Reseller/ DistributorTigo Money is a mobile money service in Honduras. Listed as a payment partner.
• Banco de Guatemala (BAM - Guatemala)majorChannel Partner/ Reseller/ DistributorBanco de Guatemala / BAM is listed as a payment partner in Guatemala.
• Aki Sí Puedo (Guatemala)majorChannel Partner/ Reseller/ DistributorAki Sí Puedo is a Guatemalan payment network. Listed as a payment partner in Guatemala.
• Genesis (Guatemala)majorChannel Partner/ Reseller/ DistributorGenesis is a Guatemalan payment and financial services network. Listed as a payment partner.
• Forza (Guatemala)majorChannel Partner/ Reseller/ DistributorForza is a Guatemalan payment network listed as a payment partner.
• Banco Nacional de Costa Rica (BNCR)majorChannel Partner/ Reseller/ DistributorBNCR is Costa Rica's largest state-owned bank and a payment partner for PayCash.
• Banco de Costa Rica (BCR)majorChannel Partner/ Reseller/ DistributorBanco de Costa Rica is listed as a payment partner in Costa Rica.
• Banco Promerica (Costa Rica)majorChannel Partner/ Reseller/ DistributorBanco Promerica is listed as a payment partner in Costa Rica.
• Ekono (Costa Rica)majorChannel Partner/ Reseller/ DistributorEkono is a Costa Rican retail chain and payment network. Listed as a payment partner.
• Punto Pago (Panama)majorChannel Partner/ Reseller/ DistributorPunto Pago is a Panamanian payment network for cash payments. Listed as a payment partner in Panama.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Conekta: Mexico-based API-first payment gateway serving e-commerce and physical merchants across LatAm. Closely comparable to PayCash in target customers (online merchants), API-only integration model, and multi-method acceptance (cards, A2A, OXXO-style cash vouchers).
• Kushki: Ecuador-founded LatAm payment processing and orchestration platform spanning Mexico, Colombia, Peru, Chile, and Brazil. Directly comparable on multi-country LatAm coverage, API-first developer experience, and support for local rails (PSE, SPEI, PIX).
• dLocal: Uruguay-headquartered cross-border payment processor for global merchants in emerging markets. Comparable on multi-country LatAm coverage, single-integration value proposition for global merchants, and broad local payment-method support.
• OpenPay (BBVA): Mexico payment gateway acquired by BBVA (one of PayCash's bank partners). Directly comparable on Mexican merchant focus, API integration model, and support for local payment methods including cash and bank transfers.
• Clip: Mexico-based mobile POS and payment acceptance company serving SMB merchants across Mexico. Comparable as a Mexican payments infrastructure player; less direct on cash-voucher acceptance but overlaps in merchant acquisition and bank partnerships.
• NetPay: Mexican online payment gateway offering cards, bank transfers, and cash voucher acceptance for SMBs and enterprise merchants across multiple industries. Directly comparable on multi-method Mexican acceptance and a similar SMB-to-mid-market customer mix.
• Efecty: Colombia's largest cash payment network with thousands of physical locations. Comparable as both a competitor (PayCash merchants can route cash payments through Efecty or directly) and as one of PayCash's listed Colombia partners; the overlap is structural.

Broad incumbents

• Mercado Pago: Largest LatAm fintech and payment processor, owned by MercadoLibre. Overlaps with PayCash as both a competitor (it processes cards and offline payments in the same markets) and a partner (Mercado Pago is also a PayCash partner). Its scale makes it the dominant broad incumbent PayCash must contend with.

Regional players

• PagSeguro / PagBank: Brazilian merchant acquirer and digital payments provider serving merchants primarily in Brazil. Comparable as a LatAm payment infrastructure player with multi-method acceptance; geographic overlap is concentrated to Brazil where PayCash is still building scale.
• Niubiz (BBVA Peru): Peru's leading online payment gateway (historically Visanet Peru, now part of BBVA's regional rails). Listed as a PayCash partner in Peru and directly comparable as a card+online payment processor serving Peruvian merchants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PayCashGlobal
• Facebookfacebook.com/paycashglobal
• LinkedInlinkedin.com/company/paycashglobal

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PayCash