Bamboo, a company with extensive expertise in eCommerce solutions and Totalnet, a leading payments solutions company in Uruguay with nearly 30 years of experience, announced a strategic agreement aimed at strengthening the digital payments offering in the Uruguayan market.
This agreement brings together Totalnet’s track record, strength, and close customer relationships with Bamboo’s experience in developing eCommerce solutions, with the goal of expanding and enhancing the alternatives available to merchants, driving the growth of digital channels, and generating a positive impact on the consumer purchasing experience, contributing to the strengthening of the payments ecosystem.
In a context where eCommerce continues to grow and merchants demand greater efficiency, higher approval rates, and simpler payment experiences, payments infrastructure becomes a key factor for competitiveness. In this scenario, Totalnet integrates specialized technology to strengthen its eCommerce capabilities and respond to new market demands.
The incorporation of these solutions will allow Totalnet to expand its digital offering, extending its ability to provide merchants with more agile, secure, and reliable payment processes, with reduced checkout friction, improved approval levels, and more efficient operations across digital channels.
“The growth of eCommerce challenges us to continue evolving our technology offering. This agreement allows us to provide merchants with a more robust and scalable solution, supporting their current and future needs,” said Alberto Mello, CEO of Totalnet.
Bamboo is a company specialized in payments infrastructure for eCommerce, with an international presence and a platform designed to support digital payment strategies across different markets.
“Our role is to provide payments technology so that local players like Totalnet can execute their eCommerce strategy with greater agility and operational strength. Uruguay is a market with high potential, and this model allows us to support its development in a sustainable way,” said Javier Urcola, Country Manager of Bamboo for Argentina and Uruguay.
With this agreement, Totalnet strengthens its positioning as a key player in Uruguay’s payments ecosystem, reinforcing its eCommerce offering through specialized technology aligned with market evolution.
Alberto Mello, CEO – Totalnet; María José Cabrera, COO – Bamboo; Gonzalo Estevez, CCO – Totalnet; Javier Urcola, Country Manager Argentina & Uruguay – Bamboo.
About Totalnet
Totalnet is a company with nearly 30 years of experience enabling merchants and individuals in Uruguay to accept and make payments in a simple, secure, and efficient way. Its offering integrates solutions for in-person and digital channels, supported by a robust infrastructure that ensures high availability, strong security standards, and operational efficiency.
Since 2024, it has been part of Nuek, a Minsait Payments company within the Indra Group, combining global technological backing with deep knowledge of the local market. With a track record marked by innovation and the early adoption of new technologies, the company continues to evolve its offering to support the development of Uruguay’s payments ecosystem..
About Bamboo
Bamboo is a cross-border payments company that enables global businesses to accept and make payments across multiple markets through a unified technology platform. Its proprietary solution supports payins and payouts operations, covering more than 200 payment methods and connecting to a network of more than 600 banks and financial institutions. Bamboo combines local expertise with an end-to-end payments solution that helps companies scale efficiently and securely.
