UniTeller Unites with MORE Payment Evolution
UniTeller has made a significant move in the global payments industry with the acquisition of MORE Payment Evolution. This strategic merger brings together two leading players in cross-border payments, aiming to expand capabilities and strengthen their presence in international markets.
A Synergy of Excellence and Innovation
By joining forces, UniTeller and MORE Payment Evolution are set to deliver more efficient, innovative, and seamless payment solutions. This collaboration creates a powerful synergy, combining technological innovation with operational expertise. Both companies contribute distinct strengths, including UniTeller’s extensive cross-border payment network and MORE’s cutting-edge technology platform. Together, they are building a more agile and scalable operation that boosts efficiency while expanding the company’s global reach.
Currently operating across 15 countries, the merger significantly enhances UniTeller’s presence in key markets, including the United States, Canada, Mexico, South America, Europe, and Africa. With a global network now spanning over 200,000 locations in more than 120 countries, UniTeller and MORE are poised to facilitate faster and smoother cross-border transactions, serving both developed and emerging markets.
Revolutionizing Global Payment Networks
This merger is not just about expanding geographically—it’s about transforming the global payments infrastructure. With enhanced connectivity and a broader network, UniTeller and MORE aim to bridge the gaps between diverse markets, simplifying complex cross-border payment processes. Their combined resources will streamline payment flows, reduce transaction times, and improve currency exchange efficiency.
By leveraging advanced technology and a strategic market presence, the merger sets new benchmarks for speed, security, and reliability in global transactions. This is particularly important as the payments industry faces growing demand for real-time transfers, enhanced security protocols, and more cost-effective solutions.
Alberto Guerra, CEO of UniTeller, highlighted the broader vision: “With the MORE acquisition, UniTeller is positioning itself as a global player in payment networks, with multiple local presences providing the platform to scale beyond remittances into new cross-border payment products.”
Sergio Pérez, CEO of MORE Payment Evolution, added: “We are very excited about the future of our combined companies. The synergies, added capabilities, and cultural alignment will enable UniTeller | MORE to become a leader in cross-border payment services, not just in the Americas but globally.”
Navigating the Future of Cross-Border Payments
As the global economy evolves, the need for more interconnected and interoperable payment systems grows. In an era of rapid advancements such as artificial intelligence, blockchain, and real-time payments, the combined expertise of UniTeller and MORE positions them to navigate the complexities of the international payments landscape effectively.
This merger empowers both companies to innovate at scale, anticipating future trends in the payments ecosystem. Together, they are setting new standards for cross-border payments, with a shared commitment to financial inclusion. This ensures that even underserved regions benefit from more accessible and affordable financial services.
Additionally, the partnership prioritizes security and regulatory compliance in an increasingly interconnected world. By integrating their systems, UniTeller and MORE are enhancing security measures to protect against fraud and financial crime, adhering to the rigorous standards set by international financial regulators.
A New Era of Global Financial Connectivity
The acquisition of MORE Payment Evolution by UniTeller marks a forward-thinking strategy that aims to reshape the global payments industry and redefine how cross-border transactions are conducted. This union is setting the stage for a new era of global financial connectivity.
With UniTeller and MORE leading the way, the future of payments is more inclusive, secure, and connected than ever. Together, they are ready to chart new paths, redefine industry standards, and unlock the full potential of global payments, ensuring financial services are faster, more secure, and accessible to everyone.
