NEW APPOINTMENTS
Redecard announces Kopel as
new CFO
Go deeper with GlobalData
Redecard, Brazil’s second-largest
card payment processor, has appointed Marcelo Kopel as its new
chief financial officer.
Kopel has more than 25 years of
experience in banks and in the card payment industry. He was CFO at
Credicard, where he developed a profound knowledge and experience
in the card payment industry.
He maintained close contact with
Redecard, managed at the time by Citibank/Credicard, in which the
finance area was under his responsibility, thus granting him unique
characteristics to hold the current position.
Kopel served in various positions
in the finance area within Citibank during 13 years and more
recently, as the CFO for Citibank Brazil.
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By GlobalDataThe new CFO will take office on 17
May.
“Marcelo brings a vast experience
and knowledge in finance areas, the card industry and even of the
company, which will guarantee the continuity of best practices of
excellence,” said Redecard CEO Roberto Medeiros.
CONTACTLESS
Contactless payment programme
extends to Brazil’s public transport
The first contactless payments to
be made on Brazil’s public transport system are being powered by
INSIDE Contactless’ MicroPass 4003 payment processor.
MasterCard cardholders in Rio de
Janeiro can use their MicroPass-powered key fobs to pay at various
points including the Sugarloaf Mountain lift, Supervia train
stations, UCI cinemas, McDonald’s restaurants, Estapar/Riopark
parking lots throughout the city, and will soon be able to use them
on the Rio de Janeiro Metro system.
Redecard, the Brazilian acquiring
company, plans to add more PayPass merchant acceptance locations in
the near future.
“Since its introduction last fall,
these key fobs have enjoyed wide acceptance, especially amongst the
city’s younger cardholders, and we are already preparing the next
shipment of inlays to keep up with the demand,” said Bertrand
Moussel, executive vice-president of sales, EMEA and Latin America
at INSIDE Contactless. The programme was launched in autumn
2009.
PREPAID
Department store chain joins
RegaloCard
Almacenes Siman, the largest
department store chain in Central America, has become the latest
member of RegaloCard’s mobile payments network.
The partnership will allow
consumers to instantly send free ‘micro money transfers’ from their
mobile phones for as little as $10 to buy products from the
department store.
RegaloCard is a prepaid gift card
that immigrants can buy in the US but is delivered instantly to the
person chosen in the immigrant’s home country to make purchases at
local retailers.
The Almacenes Siman chain spans all
of Central America with operations in El Salvador, Guatemala,
Nicaragua, and Costa Rica.
STRATEGY AND
TRENDS
Ukash moves into South
America
Ukash, the global e-commerce
payment solution, has made its first move into South America after
signing a deal with Rocalix to make Ukash vouchers available from
300 sites in Uruguay.
Rocalix will make this possible
through its partner Redpagos, whose shops provide a range of
financial services including currency exchange, mobile telephone
airtime top-up and bill payments. Vouchers, which are available in
US dollars in denominations of $20, $50 and $100, can be combined,
split and converted to allow users flexibility when managing their
online shopping.
As Ukash continues in its quest to
make online shopping available to everybody, anywhere in the world,
the company has expanded rapidly and made its proposition available
in new markets, and the deal with Rocalix is its first move into
the South American market.
Ukash chief executive officer Mark
Chirnside said: “Our international expansion continues and we are
excited by the potential South America has for Ukash.
“The popularity and use of Ukash is
moving from strength to strength and we are seeing significant
demand in all of the key international markets.”
Ukash, which allows users to spend
money online using cash, is also available in the UK, mainland
Europe, South Africa and Australia and has an existing global
network of 275,000 physical points of purchase.
MOBILE BANKING
Sybase teams with
FirstCaribbean for mobile banking
Sybase 365, a subsidiary of Sybase,
the mobile messaging and mobile commerce services specialist, is
partnering with FirstCaribbean International Bank to provide mobile
banking services.
FirstCaribbean International Bank
is the largest regionally-listed bank in the English and
Dutch-speaking Caribbean, with branches across 17 markets. The new
service gives FirstCaribbean customers a way to bank without
needing to visit a branch – important in a region with few home
internet connections.
The new mobile banking offering is
powered by the Sybase mBanking 365 platform, giving customers
access to multiple banking functions using SMS. FirstCaribbean
customers will be able use the free service to conduct bank
transactions over a mobile device. Customers will be able to check
account balances, get balance alerts, transfer money, and monitor
recent transactions. Additional features will be available in the
future.
STRATEGY AND
TRENDS
TODO1 signs up with Banco
Mercantil
US-based e-banking and e-business
specialist TODO1 has announced that Venezuelan bank Banco Mercantil
has gone live with the new Clear2Pay Electronic Bill Presentment
& Payment (EBPP) solution
TODO1 Services CEO Felipe Uribe
said: “This is a very exciting milestone for TODO1, our member
banks and their customers.
“Our relationship with Clear2Pay
has been very fruitful and expanding for several years. Because of
their state-of-the-art Open Payment Platform, we remain competitive
in delivering via the SaaS model for our large bank clients.
“Clear2Pay has consistently
delivered high quality and innovative payment solutions that allow
us to focus on creating new and innovative payment solutions for
our customers and bring those to market in a short time frame.”
Clear2Pay Americas general manager
Matt Ellis added: “Latin America is a strategic market for
Clear2Pay and TODO1 remains our lighthouse client in the
region.
“We see more and more financial service providers who wish to
deploy our Open Payment Framework based payment solutions in the
SaaS model. This allows them to reduce cost and increase product
revenue, so they can focus on their core financial services
expertise without worrying about the technology.”
