Banco Popular and Orange Domincana launch product of financial inclusion Orange m-peso
Banco Popular Dominicano and Orange launched mpeso, a solution that allows mobile financial transactions.
As reported by GCS International, a company that developed and implemented the solution, it is a mobile wallet issued by Banco Popular Dominicano and associated with the customer’s mobile number.
GCS International has developed mobile payment products such as tPago, a solution that links the bank and credit card accounts with the mobile phone in order to pay, buy and recharge mobile minutes. In September 2013, this product was one of the two finalists as Best Mobile Payment Platform Service in the “Mobile to Payments Awards 2013” competition. It has also been selected as one of the best brands in the Dominican Republic at the 2013 Top Brands Awards.
For its part, Citi Mobile Collect, introduced in the Dominican Republic in 2013, a system that uses mobile phones as the main tool to complete financial transactions that are carried out between the account of merchants and that of their suppliers at CitiBank.
Citi Mobile Collect was recognized in the 2013 edition of the Mobile Money Global Awards, as Best Mobile Money Deployment in the Americas (Best Mobile Money Deployment in the Americas).
Fuente: Mobile Money Latam