Key2Pay has announced the expansion of its collaborations in Latin America, with the introduction of many new payment channels developed exclusively for Mexican customers.
The initiative intends to improve the user experience by offering more diversified and efficient payment options, which aligns with Key2Pay’s purpose of facilitating smooth transactions for its expanding client base.
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By GlobalDataAndrés Salinas, Project Director at Key2Pay, said: “At Key2Pay, we are always innovating and adding new payment channels to meet our client’s changing needs. We know our customers in Mexico have specific financial preferences and we want to give them the most advanced, secure and convenient payment options accordingly. By adding several options like SPEI and CoDi, we are not only improving the transactional experience but also financial inclusion and efficiency in the region. We are committed to delivering solutions that empower our customers to do their financial activities with ease and confidence.”
Expanded payment channels for Mexican clients
In Mexico, electronic transfers have become common, with SPEI and CoDi being the some of the leaders. SPEI, developed and managed by the Bank of Mexico, allows users to make online transfers almost instantly. By using a standardised bank key (CLABE) and the account number of the recipient, users can transfer funds quickly and securely. CoDi, another solution from the Bank of Mexico, uses QR codes and near-field communication to make cashless transactions possible. CoDi aims to reduce cash and promote financial inclusion by bringing more of the population into the formal financial system.
Salinas, added: “Key2Pay services include a strong payment gateway that assures fast and secure transactions as well as a dedicated team that provides great support. Our straightforward pricing, quick settlements, and 48-hour onboarding procedure set us apart from the competition. We are delighted to provide these complete solutions that help our customers manage their finances more efficiently and effectively.
