Izipay
PeruFintech
Izipay is a Peruvian payment acceptance service that lets merchants collect payments from cards and digital wallets, both in person and online. Its offering includes physical POS devices (Android POS P2 Lite SE and P2 SE) and virtual products such as izipay web and izipay online, plus an izipay mobile app for managing charges and withdrawals. The network accepts all major cards and digital wallets, supports contactless, chip and magnetic-stripe cards, and sends receipts by email or SMS, with coverage across the whole of Peru. Merchants can withdraw earnings instantly to an Interbank account or within 24 business hours to accounts at other financial institutions. Pricing is commission-based, with a fee of 3.44% of the transaction value plus 18% IGV, and a lowest rate of 1.99% offered exclusively to new customers who collect card payments from their mobile phone.