We’re excited to announce that we have signed Cencosud Administradora de Tarjetas S.A. as our client in Chile which marks another significant milestone in our rapid expansion in Latin America.
Majority of Cencosud’s retail credit card business was acquired by Scotiabank in 2014 (Canada’s third-largest bank, active in more than 55 countries). Cencosud is a publicly traded multinational retail company. It’s the largest retail company in Chile and the third largest listed retail company in Latin America. The company has more than 1045 stores in Latin America. This alliance has become one of the most powerful alliances in the region in the last decade.
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