Notice to the Market – Partnership with Mercado Pago
São Paulo, September 10, 2019 – LINX S.A. (B3: LINX3 and NYSE: LINX), the leading retail technology specialist, has announced to its shareholders and the market that it has signed a partnership with Mercado Pago, a Mercado Livre platform that allows receiving and making payments, for integration between QR Linx and Mercado Pago’s digital wallet.
QR Linx acts as a wallet hub by centralizing all payment platforms in one engine. This way, the retailer will have access to integrated reconciliation and financial processes in one interface, so without having a QR code on their counter for each payment partner.
The signing of this partnership is another step by Linx to bolster QR Linx, which is a major trend in retail financial services, as 82% of retailers intend to accept wallets as payment methods over the next 12 months, according to a survey conducted by the Brazilian Society of Retail and Consumption (SBVC).