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. “We chose Clear2Pay and their OPF technology because we needed a...
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...
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...
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...
Telco regulator Anatel is seeking new business models for pay phones. In 2004, 42 percent of population used orelhaos vs. 4 percent in 2010 as mobile phones became widespread. Prepaid magnetic cards will be discontinued in three years as only 132M were manufactured in 2011...
Bank of Mexico and UNAM presented the report “Financial Cuture of Mexican Youth”. The researches held ten focus groups in five cities and 3.2k surveys of Mexicans aged between 15 and 29. Finding shows only 22% of them control their budget while 61% hasn’t thought...
Customers traveling to Brazil for the World Cup from around the world faced an unpleasant surprise last week when currency exchangers all over the world started running out of the Brazilian Real. This is no minor issue for foreign soccer enthusiasts, since, as the info-graphic...
The Ripple protocol allows users and businesses send any kind of currency across its network nearly instantly to other individuals and businesses in the coverage zone. Not only are payments recieved quickly, they are also taken in the recipients native coin. Now, its expanding into...
Guatemala will be the first Central American country to offer m-POS, with Tigo launching its product. 49% of SMEs (which comprise 97% of all companies in the country) would accept the solutions if it were offered to them. The project, currently under pilot, will launch...
