Florida-based e-financial services utility Todo1 has selected Belgium-based Clear2Pay's Payment Hub to deliver electronic bill payment services to client bank Banco Mercantil in Venezuela.
The Payment Hub will provide Banco Mercantil customers with the ability to view, pay, and manage bills electronically via the bank's Internet site, as well as online management facilities for corporate billers.
Julián Saldarriaga, CEO of Todo1 Services says: "Our member banks require a solution that not only meets their short term tactical needs, but also provides a strategic payments platform that will support their robust payment requirements in the future."
As well as Banco Mercantil, Todo1 provides services to Bancolombia and Florida's Commercebank. The vendor say the Clear2Pay technology will also be rolled out to Bancolombia customers.