“Can a PCI-certified Latin American payments infrastructure company become the end-to-end SaaS platform of choice for banks, fintechs, and merchants seeking acquiring, card issuing, and digital wallet services across an underbanked region?”
Founded in 2021 in Panama, BeePay positions itself as a B2B infrastructure provider — a SaaS payment processor and card-issuing platform targeting regulated financial institutions, fintechs, SMBs, and marketplaces across Central America and Latin America. The company operates as both an acquirer and an issuer-enabler, offering PCI-certified cloud infrastructure so that banks and fintechs can launch card programs and acquiring services without building their own stack. Its Mastercard partnership for Tap on Phone reflects a deliberate move into modern acceptance infrastructure for an underbanked region.
BeePay processes payments through BeePay (self-operated).
BeePay's cards run on Mastercard.
The Embedded Finance Index 2026 maps 2 layers in BeePay's stack: Payments / PSP (BeePay (self-operated)); Card network (Mastercard).
BeePay is founded in 2021 and headquartered in Panamá Pacífico, Parque Empresarial Internacional, Edificio 3845, Suite 410, Ciudad de Panamá, Panamá.
Get a read on where your own stack stands against BeePay and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.