Thursday, July 02, 2015

Multiplication of mobile payments

Systems organized by companies or monetary authorities of the countries, international online platforms and virtual currencies combine to replace the ticket payment and offer options to those who do not have access to banking or credit cards.

Liber Fernández, CCO of IN Switch Solutions, said at the close of the first day of the Mobile Revolution how the Central Bank of Ecuador began to extend mobile payment to the entire population. Credit users charge credit in ticket reader machines and can also perform the reverse operation, converting -meanwhile- cell into wallet. The same platform of this provider is used by Tigo and other operators in the region, but the Ecuadorian experience has the advantage of running on any operator and with state support and promotion.

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