Latin America

International
E-billing Grows in Brazil
June 26, 2014

E-billing in Brazil started in 2012 with an initiative of the federal and state tax authorities. Its aim is to end the need of an authorized printer for fiscal receipts and replacing it by an e-invoice, which can be printed in any device or sent...

International
Mozido Expands mPOS Platform
June 25, 2014

Mozido, an m-POS firm, has been present in Mexico, since 2012. It rolled out its solution in 80 firms in Yucatán and it expects to reach 500 soon and 2k by 2015. The platform allows for mobile phones top-ups, service payments and payment card transactions....

International
Brazil Transit Card Paves Way For Prepaid Solutions
June 25, 2014

Earlier this week, the Open Standard for Public Transport™ (OSPT™) Alliance in Brazil announced that it had signed on RioCard TI, which is a supplier of prepaid ticketing solutions for transport providers, as a new member. Get the Full Story Complete the form to unlock...

International
Cash-Recycling in Ecuador
June 20, 2014

Banco Pichincha, Ecuador’s largest financial institution is testing cash-recycling technology developed by GRGBanking. Its H68N series offers high capacity, serial number tracking, biometric authentication and coin dispensing features. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Brazil Legally Categorizes Mobile Payments
June 20, 2014

In fall 2013, Brazilian President Dilma Rousseff signed into law legislation meant to clarify expectations from different mobile payments players for that emerging market. Non-mandatory interoperability between mobile network operators, bankcard issuers, acquirers and the card brands was the focus of the law. Brazil currently...

Clear2Pay’s Open Payment Framework Phase One Begins
June 19, 2014

Chilean Banco de Crédito e Inversiones has started the first phase of Clear2Pay’s Open Payment Framework project with 60k domestic firms. In a second phase it will be extended to all types of payments. Get the Full Story Complete the form to unlock this article...

International
Bradesco Embraces Mobile
June 18, 2014

Bradesco, one of major banks, registered 580M mobile transactions in January-May 2014 a 100 percent y-o-y growth. In May there were 140M and 120M in April. Bradesco launched a free-access service for smartphones having signed deals with the four biggest telcos. The 9M-downloads app counts...

International
Taxi Apps Fight For Corporate Users in Brazil
June 18, 2014

Taxi apps in Brazil such as 99Taxis, Easy Taxi, TaxiBeat and Taxijá fight for corporate users. Having on-loaded 50k taxis, 99Taxis counts with corporate solution Voucher 99 and already has signed deals with 500 firms. The employee pays for the ride while taxi driver fills...

International
BNDES to use Brazilian Payment System this summer
June 18, 2014

Brazilian Development Bank BNDES will start using Brazilian Payment System by end of June. For this reason it will discontinue intermediation of third parties. This change will bring better customer services and more efficiency according to the bank. All accounts held at third parties will...