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Ualá enters the segment of attention to entrepreneurs; presents new unit in Mexico
Source:The Canadian News From:Taiwan Trade Center, Mexico City Update Time:2022/05/20

According Ualá adapts to the Mexican market, it also begins to increase its offer of products and services. Now, this firm of Argentine origin enters the microenterprise segment in Mexico, with a new unit (Ouala Bis), focused on offering solutions for digital payment as well as face-to-face with your portable terminal. 

In interview Maia Eliscovitchdirector of Ouala Biscommented that, with this new unit, the firm expands its offer, which was focused on a Debit and an application for managing expenses, but now it has a new business aspect to support entrepreneurs who require collection solutions in their operations.

“In Mexico, as in other Latin American markets, there is a high penetration of cell phones, but not so much of financial services. So we see that from pandemic many more people are willing to buy and sell online, which expands their markets and possibilities,” Eliscovich said. 

With Ouala Biswhich will work in a different application, users will have options to collect if they sell online, via a payment link, and in person, the firm will offer a portable card reader (debit or credit) that only requires to connect to the Bluetooth of the entrepreneur’s cell phone and thus receive payments instantly.

“Our peculiarity is that all sales are disbursed live, that is, as soon as the payment enters, the user will receive the money from the approved sale at any bank they choose,” explained the director of Ualá Bis.

In Argentina, Ualá Bis began in December 2020 and since its implementation in that country, the business unit grew more than 64 times in volume. In Mexicoexpectations are high, according to Eliscovich, since there is a need to digitize collections and more so in a segment such as microentrepreneurs, in addition to the fact that said strategy helps combat the use of cash.

Source: https://thecanadian.news/uala-enters-the-segment-of-attention-to-entrepreneurs-presents-new-unit/