Tuesday, August 11, 2020

Evertec launches contactless payment solution

By on July 2, 2020

(Courtesy)

QR code at point of sale simplifies transactions via ATH Movil

SAN JUAN – Financial transaction processor Evertec Inc. announced Thursday the launch of its new ATH Movil app solution, which allows consumers to make payments by scanning QR codes at participating businesses.

The new functionality will allow the more than 1.5 million ATH Movil users to make payments without having to enter the participating seller’s information in the app. It is currently available in an initial phase at more than 200 fast food restaurants and other businesses across the island.

“As consumers continue to adapt to the new realities of COVID-19, we are offering innovative technology to make their life easier. With the launch of this new payment solution, we continue to strengthen our ATH Movil ecosystem increasing the value for commercial clients by offering consumers the option to pay in their establishments in a contactless manner,” said Mike Vizcarrondo, executive vice president of Payment Services for Puerto Rico and the Caribbean, Business Solutions and Merchant Acquiring.

Mike Vizcarrondo, executive vice president of Payment Services for Puerto Rico and the Caribbean, Business Solutions and Merchant Acquiring (Photo by José R. Madera)

Vizcarrondo continued, “For consumers, making payments through digital channels is becoming the preferred option. Before the COVID-19 pandemic the volumes of ATH Movil transactions had showed steady growth, exceeding their average volume month after month,  and  now, as economic activity opens up, we are seeing accelerated growth.”

Quick-response solution

To make a payment, ATH Movil users scan the QR code displayed by the business, wait for the purchase information to appear on their phone, review it and confirm the payment.

The new feature is available to ATH Movil users using ATH debit cards from financial institutions that have completed proper certification.

“We are very excited to be able to launch this new innovative solution in Puerto Rico with ATH Móvil, which will transform the way in which over 1.5 million people make their payments and allow us to provide thousands of businesses with an easy, secure, and contactless way of accepting payments. We continue expanding our offering of value-added products and services for the commercial sector and enhancing the preferred payment application in Puerto Rico. Soon, aside from transferring money to individuals, paying small businesses, making online purchases, and donating to non-profits institutions, ATH Móvil users will also be able to pay at local businesses by scanning a QR code with the ATH Móvil application. We continue adding new commercial establishments every week, and we estimate it will be available by the end of 2020 for every business in Puerto Rico using POS terminals processed by Evertec,” stated Gustavo Díaz Garratón, manager of Digital Payment Solutions at Evertec.

Díaz said some of the participating businesses in this initial phase include Baskin-Robbins, Burger King, Church’s Chicken, El Mesón Sandwiches, Firehouse Subs, IHOP, KFC, Krispy Kreme, McDonalds, Pizza Hut, Pollo Tropical, Popeyes, Subway, Taco Bell, Wendy’s “and others that will be advertised later on social media and on the ATH Móvil website.”

For more information, visit www.escaneaypaga.com

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