SafetyPay, a leading digital alternative payment platforms providing solutions across Latin America and Europe, today announces a new partnership with LATAM Airlines Group, to enable its digital payment wallet and thus, contributing to the airline’s digital transformation project.
SafetyPay’s solution will allow non-card holders and fraud-wary consumers to participate in the purchase of airline tickets via bank transfer or cash without sharing their information online. The platform expands the possibility for LATAM Airlines Group to access more customers by accepting alternative forms of payment.
LATAM, the airline group that best serves connectivity within the region and South America along with the rest of the continents, has been focusing on its digital transformation with the goal of offering customers a better online and digital experience when flying. This spans the entire journey beginning with the planning and purchasing, all the way to the end of their travel. The digital solution now offered, and enabled by SafetyPay, aims to provide bank transfers and cash payment solutions, in addition to credit card transactions, for all customers. The digital solution also seeks to reduce the number of required fields and minutes to purchase a ticket, reducing it in more than 10 minutes. New purchase transactions will reduce the number of fields from 18 to two, and the number of minutes to complete a transaction to 4:55 minutes. Furthermore, the airline will be able to send instant confirmations and tickets to its customers.
“Providing a payment solution to include un- and under-banked customers has been one of the key goals of SafetyPay since it was founded more than a decade ago,” said Gustavo Ruiz Moya, CEO, SafetyPay. “Offering a secure, risk-fraud, payment solution to buy airline tickets using a digital wallet is key to tap a larger number of customers that either do not have credit cards or have them but do not want to use. Our payments solutions which leverage the latest technology to protect our customers and offer them the best experience online will contribute to a better and quicker online sales experience.”
The partnership was recently launched in Chile, Colombia and Ecuador, while other markets such as Brazil and Peru will follow next year.
SafetyPay currently partners with 380 banks in 17 countries worldwide, across Latin America, Europe and North America.
Nicolas Salazar, VP eBusiness for LATAM Airlines and head of the digital transformation team commented, “Since 2019, we have been implementing an ambitious transformation to build a customer centric end-to-end digital experience, and thus, make life easier for our passengers throughout their complete journey. We have been focusing on eliminating barriers, simplifying rules, reducing transaction times with a clear focus of improving our customer’s experience and creating value. The partnership with SafetyPay allows us to bring new digital payment solutions to our customers”.
Founded in 2007, SafetyPay is a secure alternative payments platform that enables e-commerce transactions for consumers and merchants. With a comprehensive suite of B2C and B2B payment solutions available, the company eliminates common pain points associated with traditional payment methods. SafetyPay makes it possible for non-card holders and fraud-wary consumers to participate in the online marketplace – shoppers are connected to merchants worldwide and pay directly from their bank accounts or with cash in local currency, without fear of online fraud as their bank information is not shared online. For merchants, SafetyPay enables incremental sales by processing payments of underbanked and international consumers, and reduces the number of chargebacks and cross-border fees. The platform currently partners with 380 banks in 17 countries worldwide, across Latin America, Europe and North America.
About LATAM Airlines Group S.A.
LATAM Airlines Group is Latin America’s leading airline group, with a presence in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, as well as international operations within Latin America and to Europe, the United States and the Caribbean.
The Group has a fleet of Boeing 767, 777, 787, Airbus A350, A321, A320, A320neo and A319 aircraft.
LATAM Airlines Group shares are traded on the Santiago de Chile Stock Exchange and in the United States its ADRs are traded on OTC (over-the-counter) markets.
Exact invests in services sector with the acquisition of Gripp
Exact, Dutch headquartered supplier of business software, announces the acquisition of Gripp, provider of SaaS business software for professional service companies. The acquisition massively expands Exact’s range of Professional Services solutions for the fast-growing Professional Services Automation (PSA) market in the Benelux. This acquisition is in line with Exacts ambition to intensify its growth in the services sector.
Focus on services sector
The addition of Gripp, together with Software Gemak (formerly Unit4 Bedrijfssoftware, acquired in late 2020), to Exacts portfolio, provides Exact with a range of services sector oriented solutions. Gripp is a perfect addition to the existing portfolio, offering a comprehensive suite of Professional Services Automation (PSA) solutions that include CRM, time registration, invoicing, project management, purchasing and HR administration, and powerfully strengthening Exacts position in the services sector. PSA is the international term for the segment of business services automation. Gripp services 1700 customers and is located in Tilburg.
Paul Ramakers, CEO at Exact: “The Netherlands is a nation of services companies with Professional Services Automation solutions in high demand. This is a great purchase for Exact and not only because of the modern SaaS offering, the strength of the team or the entrepreneurial culture that fits well with Exact but also because together we better serve the needs of different segments and subsegments. Together, we are creating a very broad offering with advanced cloud solutions for the services sector. This move is in line with our strategy to achieve growth through a powerful combination of organic development and expansion through acquisitions.”
“For Gripp, this acquisition allows us to realise our ambition to grow in a larger ecosystem,” says Marcel Koenders, CEO and co-founder of Gripp. “We have a great team and product and we are looking forward to continuing our journey as part of Exact.”
Tokocrypto Launches Toko Token (TKO), a CeFi-DeFi hybrid and Indonesia's first virtual currency project
JAKARTA, Indonesia, April 9, 2021 — On, April 7, 2021, Binance Smart Chain (BSC) officially began trading their signature self-built “Toko Token” (TKO), Indonesia’s first local virtual currency project on Binance Launchpad, the largest virtual currency launchpad worldwide, according to Tokocrypto.
The currency was launched with $0.1 per coin with a total supply of 500 million shares and enables high-speed transactions at low fees. TKO recorded an oversubscription of 201,406 individuals with a total of 10,502,201 BNB at the launch date.
The TKO offers a unique hybrid feature by combining the advantages of both the Centralized Finance (CeFi) and Decentralized Finance (DeFi) model which is the first in Indonesia. “The birth of TKO is a big achievement for us. It will be the most appropriate vehicle to help Indonesian realize the unlimited potential that we can achieve through blockchain technology,” said Pang Xue Kai, Founder & CEO of Tokocrypto platform.
Accordingly, the ResearchAndMarkets.com in December 2019 reported global fintech market are showing a significant increase in 2018, reflecting greater application of blockchain in financial services around the world. The research covered Southeast Asian countries and it forecasted blockchain market size will reach US$23.3 billion by 2023, representing a CAGR of 81% over the period from 2018 to 2023.
“The age of blockchain and virtual currency is here. With the technology from BSC that offers user-friendly services, it allows Indonesia with a large population of approximately 270 million to enjoy a financial system that is equivalent to developed countries,” said Kai.
Kai explained, as the first local Indonesian virtual currency project, TKO offers a hybrid currency model. Several services the currency offers are Exchange Platform Token that offers trading fee discounts, airdrop entitlement, merchandise redemption.
TKO can be used in deposit and savings programs such as TKO Deposit, TKO Savings, and TKO Cashback. Furthermore, as DeFi product, TKO will be integrated on third-party DeFi platforms via farming pools, lending, and more. Finally, the Tokocrypto will pioneer the Indonesian NFT landscape with Indonesia’s first-of-its-kind marketplace for digital collectibles and creative assets from emerging young artists.
He continued, “Through TKO, we aim to build an “Indonesia Strategy” for Indonesians, where this solution can reach out to everyone in the country on top of general financial services,” said Kai.
Latest 7-Eleven Evolution Store Opens in Prosper, Texas
7-Eleven, Inc. is changing the world of convenience with yet another Evolution Store featuring tacos on handmade tortillas, frozen margaritas on tap, a stocked Wine Cellar and Beer Cooler, fresh-baked croissants and cookies, customized espresso drinks, artisan craft sodas, premium cigars in a cedar-lined humidor and more… Each new generation of 7-Eleven® Evolution Stores set a new benchmark for convenience retailing. The newest location has opened in Prosper, Texas.
7-Eleven and Laredo Taco Company®, the convenience retailer’s taqueria, are heading north to Collin County – the first North Texas-area Evolution Store outside of Dallas County. This is 7-Eleven’s fourth Evolution Store in the Dallas-Fort Worth area and seventh in the country.
Each 7-Eleven Evolution Store is an experiential testing ground where customers can try and buy the retailer’s latest innovations in a pioneering store format. Already this year, the retailer has opened two of the new concept stores in North Texas, with more planned nationwide in 2021. 7-Eleven opened four Evolution Stores last year in New York City, Washington, D.C., San Diego and Dallas.
“You have to visit an Evolution Store to experience just how much 7-Eleven continues to raise the bar on product quality, selection and the overall shopping experience,” said Chris Tanco, 7-Eleven executive vice president and chief operating officer. “Evolution Stores and Laredo Taco Company taquerias have been game-changers for 7-Eleven, and we will continue to test and iterate to incorporate learnings into new and existing 7-Eleven stores across the system. We can’t wait to see this location’s new patio concept become a fun gathering place for Prosper residents.”
While all Evolution Stores include a restaurant concept, no two locations are exactly alike as the retailer continues to tweak the design and product mix based on customer feedback and shopping habits. The most popular features, however, have become staples that knowing customers seek out.
In addition to the Laredo Taco Company taqueria, the Prosper 7-Eleven Evolution Store offers an assortment of exclusive products, services and features customized to the neighborhoods and customers they serve. The most popular features include self-serve specialty espresso coffee drinks, on-tap novelty beverages, cookies and croissants baked fresh in store, a wide selection of national brand skincare and makeup items, and the Wine Cellar and Beer Cooler, dedicated to an enhanced and expansive selection of wine and beer.
As a beverage destination, 7-Eleven is always looking for new thirst-quenchers, and the Evolution Stores are where some of the newest drink concepts make their debuts. Artisan craft sodas are a new feature, with flavors such as ginger beer, black cherry, pineapple coconut, diet key lime and diet cherry vanilla. Sparkling and still water flavors include lemon ginger, strawberry rose, coconut lime, cucumber mint and mango. Customers can enjoy refreshing smoothies and shakes, as well as customize their espresso drinks and cold brew coffee.
The new store is one of a growing number to offer mobile checkout and delivery. With the 7Rewards® loyalty program, in-store customers can skip the checkout counter and pay for their purchases on their phone. The convenient feature is found in the 7-Eleven app. The 7NOW® delivery app also lets customers order favorite foods, beverages, groceries and household products to be delivered straight to their door.
As the world continues to respond to the shifting pandemic, 7-Eleven has enhanced its standards and procedures for hygiene, handwashing, sanitation, food handling and preparation in stores, including increased frequency of cleaning high-touch surfaces and self-serve food and beverage areas. All store associates are required to wear masks and gloves when serving customers. Acrylic shields have been installed at checkout registers as added protection for customers and employees. Asked to practice 6-foot physical distancing when in the checkout line, customers also have access to disposable gloves, tissues and sanitizer stations while shopping.
7-Eleven acquired the Laredo Taco Company restaurants along with Stripes® convenience stores in South Texas as part of the 1,000-store acquisition from Sunoco in 2018.
About 7–Eleven, Inc.
Are you still reading this? Awesome. Most people stop when they get to the small print. But not you! You get to read the cool stuff. 7-Eleven, Inc. is the premier name in the convenience-retailing industry. They don’t like to brag, but they invented convenience stores. For real. Google it. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 72,800 stores in 17 countries, including 12,000 in North America. Known for its iconic brands such as Slurpee®, Big Bite® and Big Gulp®, 7-Eleven has expanded into high-quality sandwiches, salads, side dishes, cut fruit and protein boxes, as well as pizza, chicken wings and mini beef tacos. Mmmmm, tacos. 7-Eleven offers customers industry-leading private brand products under the 7-Select™ brand including healthy options, decadent treats and everyday favorites at an outstanding value. Customers can earn and redeem points on various items in stores nationwide through its 7Rewards® loyalty program with more than 40 million members, place an order in the 7NOW® delivery app in over 1,300 cities, or rely on 7-Eleven for bill payment service, self-service lockers and other convenient services. Find out more online at www.7-Eleven.com, via the 7Rewards customer loyalty platform on the 7-Eleven mobile app, or on social media at Facebook, Twitter and Instagram. Also, they trademarked the word “Brainfreeze.” No lie. Thanks for sticking with this. You’re unstoppable.
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