Viamericas, a top provider of money transfer services, just partnered with Banco Azteca and Nueva Elektra del Milenio (Elektra) to launch instant QR Payments in Mexico. This is a new feature for quick remittance payouts. The goal is to make the process faster and much safer. It also makes receiving funds more convenient. Senders can easily share a specific QR code. They send this code directly from their receipt to the recipient. Furthermore, the beneficiary can easily present this code. They can be shown at any Banco Azteca or Elektra location. Staff can instantly scan the code for quick payout.
Benefits of the New Digital Payment Feature
This new process significantly improves customer service. It actively removes the need to dictate long folio numbers. This simple change reduces data entry errors. Consequently, it substantially shortens wait times. It also lowers overall transaction cancellations. Incorrect entries are the leading cause of these cancellations. This update makes the transaction truly seamless. Friends and family receiving funds will benefit most. The partnership uses Viamericas’ extensive network. Therefore, they make payments across countries easier. This collaboration will ensure fast, accurate transactions. It makes them more accessible to people everywhere. Joseph Argilagos of Viamericas emphasized security. He noted that their goal is to secure convenient money sending. Using QR Payments gives payers true peace of mind. They know recipients can easily get their money.
Elektra is the largest remittance payor in Mexico. The company continues to look forward. In short, they look forward to advancing payments innovation. Viamericas looks forward to continuing this work. They will partner further with both Elektra and Banco Azteca. This powerful QR Payments feature helps families reach financial goals. It offers excellent value and reduces transaction friction.
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News Source: Businesswire.com
