Limassol, Cyprus, December 4, 2025 - Praxis Tech, a leading global payment orchestration platform, today announced regulatory and operational developments across Latin America and Southeast Asia that enable the company to provide greater services to regulated merchants operating in Peru, the Philippines, and Brazil. These developments reinforce Praxis’ commitment to expanding its global footprint and supporting operators in fast-growing regulated markets.

Registered with MINCETUR in Peru

Praxis has been formally registered with Peru’s gambling regulator, the Ministry of Foreign Trade and Tourism (MINCETUR), under the General Directorate of Casino Games and Slot Machines (DGJCMT). This enables licensed operators and suppliers within Peru’s regulated market to integrate with Praxis, ensuring local compliance while enhancing access to global payment connectivity and orchestration capabilities.

Approved by PAGCOR in the Philippines

Praxis has been listed by the Philippine Amusement and Gaming Corporation (PAGCOR), enabling regulated operators in the Philippines to connect directly with Praxis’ platform and access an expanded payment ecosystem that optimizes transaction flows and supports a wide array of local and international payment methods.

New Legal Entity in Brazil

Praxis has established Praxis Brazil, a new legal entity enabling direct local operations and enhanced on-the-ground support for partners within the Brazilian market. This presence allows Praxis to better serve merchants, PSPs, and platforms across one of the world’s most dynamic and fast-evolving digital payment landscapes.

Commenting on the regulatory and operational announcements, Amit Klatchko, Co-Founder and Director of Praxis Tech, said:

“Today's news allows Praxis to expand its offering across Latin America and Southeast Asia and opens up our orchestration capabilities to a wider range of merchants operating in regulated markets. Our continued investment in compliance in these key and fast-growing regions ensures we can support operators who need high-performing payment infrastructure that meets local regulatory requirements while accelerating our ability to deliver trusted, scalable orchestration worldwide.”

With these announcements, Praxis continues to advance its mission of providing unified, intelligent, and compliant payments technology to global operators. The company remains committed to simplifying payment operations, improving approval rates, and helping partners navigate regulatory frameworks across emerging and established markets.