Sqala

What is Sqala and what do they do?

Sqala is a Brazil-based payment service provider offering secure and accessible digital payment solutions for online merchants and service platforms. Founded in 2023 and headquartered in Barueri, São Paulo, the company focuses on helping businesses — particularly those underserved by traditional financial institutions — streamline their payment acceptance and payouts across Central and South America.

Sqala’s platform supports a range of payment methods, including direct debit, mobile payments via QR codes, payment links, and card transactions. It enables businesses to accept payments in multiple local currencies such as the Brazilian Real (BRL), Argentine Peso (ARS), Colombian Peso (COP), and US Dollar (USD), making it suitable for companies targeting regional and cross-border markets.

Beyond payment acceptance, Sqala provides tools for payout management, geo-based routing, and transaction analytics, helping merchants optimise approval rates and payment performance. Its infrastructure supports both online and in-app payments, and its APIs allow for quick integration into e-commerce platforms, business management systems, and fintech applications.

Who is it for?

Sqala is designed for e-commerce businesses, service providers, and marketplaces operating in Latin America. Its inclusive approach makes it particularly attractive to merchants in emerging markets who require reliable financial infrastructure but may not have access to traditional banking services.

The company primarily serves:

• Online retailers and platforms expanding their customer base across Latin America.
• Service-based businesses in sectors such as travel, digital content, and logistics.
• Startups and SMEs seeking affordable, easy-to-integrate payment solutions.
• Enterprises requiring high-volume processing and automated payout capabilities.

By focusing on local payment habits and regional currencies, Sqala helps businesses localise their checkout experiences and improve conversion rates in diverse markets.

Why do businesses choose Sqala?

Businesses partner with Sqala for its regional expertise, secure infrastructure, and flexible technology. Verified benefits include:

• Regional payment coverage – Accepts and settles in BRL, ARS, COP, USD, and other Latin American currencies.
• Multiple payment channels – Supports direct debit, mobile payments, QR codes, and card transactions.
• Payouts and disbursements – Enables fast, reliable payments to affiliates, employees, and vendors.
• Geo-based routing – Optimises transaction success by directing payments through the most effective regional channels.
• Inclusive financial access – Serves businesses often overlooked by traditional banks, particularly in emerging markets.
• Scalable API integration – Allows quick, low-code integration into e-commerce or fintech systems.
• Security and reliability – Implements encryption, tokenisation, and compliance with payment industry standards.

Businesses using Corefy can simply obtain a MID from Sqala and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.

Is Sqala trustworthy?

Sqala is a registered financial services company operating in Brazil. While the company is relatively new, there are no reports of adverse activity, and its infrastructure follows PCI DSS security standards to safeguard cardholder data.

Its focus on compliance, data protection, and operational transparency positions Sqala as a promising and trustworthy payment provider for businesses expanding across Latin American markets. As the company continues to grow, it aims to strengthen its presence through consistent service reliability, inclusive access, and modern digital payment capabilities.