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Mis Pagos Hoy reaches one million transactions during March

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  • Jonathan Bustamante
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Mis Pagos Hoy reaches one million transactions during March

The one million transactions reached during the month of March included recharges for telephone, transportation, electricity and highway services, insurance, as well as payments to the Municipality of Panama and the Transit and Land Transportation Authority (ATTT). To these figures can be added that, by the close of 2020, Mis Pagos Hoy reported in transactions a growth of 131% compared to 2019 and an increase in the amount of 386%.

“The milestone of one million transactions in one month demonstrates the new understanding in the marketplace about converting from cash to electronic payments. Online payments encourage customers to save time, reduce travel expenses, stay safe and take full advantage of technology in a simple, fast and convenient way.” This was stated by Ivan Marchosky, Vice President of Products and Operations of Telered, the leading electronic transaction processing company in Panama. The tool allows customers to keep up to date in managing payments or recharges with the ease of reflecting the payment and having the balance immediately available in their online banking or mobile banking, and to make utility recharges. All this at any time and from anywhere in the payment channels that your Financial Institution has available.

The services contemplated within the tool include: communications and internet, commerce, government payments, transportation recharges, public services, insurance and emergency payments, airtime recharges, among others. “The market is transforming rapidly by using the new digital payment methods promoted by Telered to make people’s lives easier and connect service billing companies with the banking sector. By playing our role as a meeting point between innovation, technology, banking and the consumer, we are also contributing to the reactivation of the national economy”, added the executive. One of the new features of Mis Pagos Hoy is the Onboarding Portal. It facilitates the enrollment of new billers in less time, linking your company’s collection services to the network’s member collecting banks.