In terms of payment card volume, Latin America is MasterCard’s fastest growing region with an annual growth rate of nearly 30%. During the first quarter, the region posted gross dollar volume of US$8.1 billion. Purchase volume, which makes up 62% of total volume, was up 22%, while cash advance volume soared by 44%. The number of cards issued in the region increased 14% over the same period in 2002, to 44.5 million. With 34.1 million “Maestro” cards in circulation, the growth for first quarter was close to 21% over the same period in 2002, and the number of merchant terminals in the region increased close to 22%. MasterCard has 1.4 million merchant locations in Latin America.
The Sao Paulo-based Banco24Horas ATM network will now dispense reals to foreign travelers using their American Express, MasterCard and VISA cards in Brazil. There are more than 2,000 Banco24Horas network self-service terminals in the country. The terminals offer an English-language menu. Banco24Horas is located in more than 200 cities in major Brazil states, such as Sao Paulo, Rio de Janeiro, Minas Gerais, Brasilia, Rio Grande do Sul, Ceara, Bahia, Pernambuco, Amazonas and Alagoas. Last year, Banco24Horas handled more than 120 million transactions for a volume of more than 6 billion reals.
Orbitall Servicos e Processamento de Informacoes Comerciais Ltda has signed a contract with Fair Isaac. Under the agreement, Fair Isaac’s “TRIAD” adaptive control system will serve as the strategy engine platform at Orbitall, to help issuers implement individual customer-level treatment
strategies in key decision areas, including delinquent collections, over-limit collections, credit line management and performance-based pricing.
Orbitall is the largest player in South America’s commercial data processing and electronic transaction services industry. Fair Isaac’s “TRIAD”
adaptive control system has become the world’s account management system, serving more than 200 clients in 27 countries and managing more than 65% of the world’s credit cards.
The project launched earlier this year between VeriFone, Visanet, and JV Telesp Celular ParticpipaÃ§Ãµes/ TelefÃ´nica Celular, which placed terminals at restaurants and shopping malls in and around SÃ£o Paulo is scoring success. VeriFone Brazil has now announced that the “Omni 3600” terminal used in the project has become the first wireless terminal in the world to support cellular technology utilizing Qualcomm’s “CDMA2000 1X.”This new capability allows traditional transactions to be completed in less than 3 seconds, considerably faster than the 20 plus seconds for a regular debit or credit transaction. This solution expands the reach of payments to taxis, delivery companies, mobile kiosks, table payments, and traditional retails outlets. The terminal can communicate to WAP-enabled Internet home pages, consult on inventory position, electronically transmit order information and perform a host of other functions not typical of traditional POS terminals.
VeriFone and EWI Prepaid have partnered to integrate EWI’s “PinXpress” technology into
VeriFone’s POS terminals throughout Latin America.
“PinXpress” enables consumers to purchase prepaid services, such as wireless, long distance, Internet,
coupons, ticketing, gasoline and utilities, at any retail store at anytime without using hard cards.
With “PinXpress,” stores provide prepaid services via a POS integration that’s tied directly to its
networked cash register system. VeriFone will market the POS terminals that are capable of being
programmed to use “PinXpress” to retailers in Mexico, as well as countries in the Caribbean and South
America, such as Argentina, Brazil and Chile. VeriFone has an approximate 75% market share in the
retail placement of POS terminals in Latin America.
Sao Paulo-based CTF Technologies do Brasil Ltda. has introduced a
fingerprint biometric reader to control the authorization for refueling at
CTF-enabled highway refueling depots. The new process will eliminate the
need for cash advances, cheques, credit cards or any other freight card to
be issued to contract drivers by fleet owners subscribing to the CTF –
FRETE system. CTF Technologies owns and operates the CTF refueling system,
which is an advanced computerized management system for the transportation
industry that controls refueling and credit authorization through two of
Brazil’s largest private banks, Banco Bradesco
and Unibanco. Initially, only stations operated by Cia. Ipiranga de
Petroleo will participate in this program. CTF has exclusive agreements
with both Ipiranga and Petrobras Distribuidora, Brazil’s largest fuel
which together deliver over 50% of the total fuel sold in Brazil.
VISA International reported that debit card transaction volume in Latin
America and the Caribbean hit 339 million transactions in the twelve month
period ending September 30th, for a 66% year-over-year increase.
Debit card purchase volume also increased to $8.6 billion, a 43% increase.
In Brazil debit purchase volume grew 48% to $3 billion. In Mexico debit
purchase volume hit $3.4 billion, a 27% increase.
Credicard S.A.has sealed a deal to transfer ownership of the “Redeshop”
card brand to MasterCard International. The new “Maestro Redeshop” cards
will be accepted throughout the Maestro network of acceptance locations,
including 285,000 POS locations and 8,000 ATMs in Brazil.cWith this move,
MasterCard says it consolidates its position in the Brazilian debit card
market, reaching nearly 42 million cardholders. Credicard launched
“Redeshop” in 1994. Credicard has a base of more than 8.3 million cards
issued under the VISA, MasterCard and Diners Club brands. The company’s
gross sales volume in 2001 was R$17 billion giving Credicard a 25% market
share within Brazil.
The Brazil Federal Police has extended its existing contract for the
production of the country’s alien ID card with Digimarc ID Systems. Since
1997 the Brazil Federal Police has issued more than 1.5 million alien ID
Cards to individuals residing in Brazil under work or immigration visas
using the System 600 card production system from Digimarc ID Systems. Under
the terms of the contract Digimarc provides hardware, software,
maintenance, consumables, and operations support to the Brazil Federal
Police. The System 600, developed by Digimarc, was selected for the quality
and security it provides. This highly secure central issue system produces
Alien ID Cards with a variety of security features, including Digimarc’s
proprietary PolaSecure feature, ultraviolet reactive ink, security indicia,
digitized photo, signature, and fingerprint.
First Data’s PaySys International subsidiary has opened a SÃ£o Paulo-area office. The new office was formed through the acquisition of select assets, including client contracts and staff, from Alit do Brasil, Ltda., which provided VisionPLUS programming support in Brazil. The office will have a local staff of 60 employees to provide VisionPLUS card transaction processing software support and to represent the entire global suite of card and merchant processing and payment services offered by First Data. First Data also named Gil de Paula Xavier Moro as VP/GM of the Latin America region responsible for business development and daily operations of the new office as well as the company’s San Jose, Costa Rica location. Moro previously worked for Banco Meridional/Bonzano, Simonsen and American Express Brazil.
Caixa Economica Federal will surpass the 20 million Maestro debit card mark this summer, to become the largest issuer of Maestro cards in Latin America. With over two thousand bank branches throughout Brazil, CAIXA is Brazil’s largest bank and currently has more than 1.6 million MasterCard credit cards. About 85% of the bank’s credit card portfolio are MasterCards. Maestro is the only online, PIN-based global debit brand that can be used to make purchases and to provide access to cash at ATMs. The Maestro brand mark now appears on over 433 million cards worldwide and is accepted for purchases at more than 5.7 million merchant terminals in 82 countries and territories and at more than 760,000 MasterCard/Maestro/Cirrus ATMs worldwide.
NCR Corporation announced a multimillion-dollar software and services deal with Brazil-based Tecnologia Bancaria S.A. (TecBan). NCR’s APTRA open-architecture software for the automated teller machine channel will be used to transition TecBan’s ATM network to the Microsoft Windows NT operating system and drive additional revenue through enhanced customer transactions. The three-year agreement includes software licensing, professional services, and software maintenance. Andrew Orent, vice president of global sales and services for NCR’s Financial Solutions division, said, “TecBan is one of the world’s most sophisticated ATM networks and its selection of NCR APTRA to run on its diverse fleet of ATMs validates NCR as the best-of-breed player in multivendor ATM application software. ATM deployers worldwide are adding new transactions of value to provide better service to, and generate more revenue from their customers. To support these new transactions and meet speed-to-market requirements, new ATM software applications are increasingly being developed on the hardware-independent Windows platform. NCR has invested heavily in our APTRA software suite to serve this growing market.”
Ranato Mascaretti, TecBan general manager, said, “As we have been NCR customers for quite some time, we rely on their capacity to support us in the long term, and through APTRA EDGE, NCR can provide a reliable and fast evolution to the Windows NT platform.”
Tecnologia Bancaria S.A. (TecBan) was founded in 1982 by Brazilian banks, with the objective to develop and consolidate the automatic teller machine net for Banco24Horas. Throughout these years, TecBan has been placing products in the national market related to Electronic Funds Transfer, aiming to supply the specific needs of commercial banking automation of financial institutions and clients. In 1982, the company launched the Servicos de Cartoes; in 1991, the Cheque Eletronico; in 1992, Creditos Diversos; in 1993, the Pagamento Eletronico; and in 2000, Cheque Eletronico.com. Today, TecBan serves 61 financial institutions — among banks and credit card companies — reaching a volume of approximately 65 million active magnetic cards, thus operating in more than 160 Brazilian cities. In 2000, the company had income of almost R$160 million (Brazilian currency), with a growth rate of 35% if compared to the previous period. For more information, visit www.techban.com.br.
About NCR Corporation
NCR Corporation (NYSE:NCR) is a leader in providing Relationship Technology(TM) solutions to customers worldwide in the retail, financial, communications, manufacturing, travel and transportation, and insurance markets. NCR’s Relationship Technology solutions include privacy-enabled Teradata(R) warehouses and customer relationship management (CRM) applications, store automation and automated teller machines (ATMs). The company’s business solutions are built on the foundation of its long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 30,300 in more than 100 countries, and is a component stock of the Standard & Poor’s 500 Index. More information about NCR and its solutions may be found at www.ncr.com.