Archive for the ‘Payment Methods’ Category

BCU Releases Payment Instrument UseCentral Bank of Uruguay (BCU) on Thursday released a study about the payment methods used in this country. The idea is to contribute information to improve banking, focused on further economic development, promotion of safety of consumers and businesses and improve the efficiency and security of payment systems.

According to information from the first quarter of 2010, all payments related to private consumption: 49% payment networks, credit cards and checks 40% 10%

However, in the vernacular, check is a tool that moves the most money. Rogue network of payment 77% 12% and 4% credit card.

With regard to the payment network, the report highlights the weight that the payment network.

Abita (67%) and Net Payments (31%) provide services to almost 800 companies and public and private sector entities.

Through this network, in the first quarter of 2010 were approximately 16.5 million transactions for a total of 2195 million dollars.

Today, offer bill collection services, money to and from home and abroad, collectively selling mobile cards, mobile phone recharge electronics, system ATM (Mini ATM) payment obligations, subsidies and pension payments vendors, shows and promotions (pararealizarlas network issue utilization); DGI.?Parking tickets and collect fees DGI / Payment.

Bank Creates New Media paymentNew division will design and implementation of strategies for means of payment, debit and credit, transversally for all market segments.

Bank de Chile announced the creation of a new Payment Systems Division, which is responsible for the design and implementation of strategies for means of payment, debit and credit, so that the cross and all market segments: individual, business and consumption.

In addition, this new division will train and coordinate inter-regional teams to meet the goal of profitability, market share and the optimization process required in this business is important that consider more than 700 thousand card holders.

“The new structure responding to a strong commitment to providing our customers the best service, so that one of the purposes of this Division is to provide new products and better and more benefits associated with the payment means, which will add to their already card Bank of Chile , “said Arturo wrinkled, General Manager of the Bank de Chile.