i2C and Banco de Credito Launch iO Banking App in Peru

Peru’s Banco de Credito (BCP), has joined forces with digital banking and payments solutions provider i2c Inc. to introduce the digital banking platform, iO, the companies said Tuesday (Oct. 17).

Leveraging i2c‘s unified banking and payments technology, iO offers a range of features and benefits to its users, aiming to redefine the digital banking experience in Peru.

The iO app, now available for download across app stores, introduces virtual and physical Visa-backed consumer credit cards with no onboarding fees, making it accessible to a wide range of customers. Users can enjoy cashback benefits with every purchase and have access to round-the-clock customer service, ensuring a seamless and convenient banking experience. Additionally, the app is fully integrated with Apple and Google Pay capabilities, providing users with secure and convenient payment options.

Serena Smith, Chief Client Officer at i2c, expressed her excitement about the partnership, stating, “We are excited to be working with one of the most prestigious banks in Peru to help end-users gain access to innovative digital credit products. We look forward to providing iO’s consumers with unmatched reliability, security, and speed to meet and exceed their expectations.”

Patricia Conterno, CEO of iO, highlighted the app’s robust features, including biometric controls, double authentication, and the use of a single device to guarantee payment experiences. Conterno also emphasized that i2c’s extensive global track record and expertise in credit processing, particularly within the region, made them the ideal partner to enhance their credit card offerings.

BCP, with over 134 years of operation in Peru, is known for its wide range of financial services and the largest network of service channels in the country. Supported by Credicorp Ltd., the primary financial holding company in Peru, BCP boasts a diversified business portfolio organized into four lines of business: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking & Wealth Management.

i2c Inc., a global provider of highly configurable banking and payment solutions, offers its clients the ability to create, launch, and manage comprehensive banking, credit, debit, and prepaid programs using its proprietary “building block” technology. With millions of users across more than 200 countries/territories and time zones, i2c’s next-generation technology has become a trusted solution in the industry.

The collaboration between BCP and i2c showcases a shared commitment to innovation and customer-centric solutions in the digital banking space. The iO app provides a secure, flexible, and user-friendly digital credit solution, empowering users with convenient payment options and personalized services. As technology continues to shape the financial industry, partnerships like this pave the way for enhanced banking experiences and increased financial inclusion.