“Can Izipay become the dominant omni-channel payment infrastructure (POS + online gateway + digital wallets) for merchants across Peru?”
Founded in August 2018, Izipay entered the Peruvian market with a singular value proposition: accept all major card brands (Visa, Mastercard, Amex, Diners Club) on a single POS device, disrupting a fragmented acquiring landscape. The company operates both as Izipay S.A.C. and through its related entity Procesos De Medios De Pago S.A., building its own acquiring infrastructure rather than riding a third-party BaaS rail. Over time it expanded from physical POS to a full online payment gateway with developer SDKs, QR payments, digital wallet acceptance, and a fund disbursement product, positioning itself as the embedded payments layer for Peruvian commerce.
Izipay processes payments through Izipay (self-operated).
Izipay's lending and capital products are provided by Interbank.
The Embedded Finance Index 2026 maps 2 layers in Izipay's stack: Payments / PSP (Izipay (self-operated)); Lending (Interbank and Préstamos Interbank (merchant loans via Interbank alliance)).
Izipay is founded in 2018 and headquartered in Miraflores, Lima, Peru.
Get a read on where your own stack stands against Izipay 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.