From Minsait Payments’ perspective, Totalnet’s value proposition aligns perfectly with its own, focusing on the comprehensive management of payment methods. Furthermore, the acquisition is expected to bolster Minsait Payments’ offerings in the acquiring business line, enhancing its ability to process card payments for various businesses and commercial ventures.
Luis Abril, Executive Director of Indra and General Director of Minsait, remarked that this acquisition not only strengthens Minsait Payments’ position in the Latin American payments industry but also signifies a commitment to a consistently growing market. The move is set to enhance Minsait Payments’ scale and create value for its shareholders, employees, and customers.
On the other side, Alberto Mello, CEO of Totalnet, expressed enthusiasm about the deal, viewing it as a vote of confidence in Uruguay by a global leader in technology and payment systems. He emphasized that this acquisition would accelerate Totalnet’s growth and innovation strategy, introducing new comprehensive payment solutions. The merger is poised to shape a robust and attractive market for investments in the region.
