{"id":550979,"date":"2023-09-15T11:35:18","date_gmt":"2023-09-15T10:35:18","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=550979"},"modified":"2023-09-15T11:40:41","modified_gmt":"2023-09-15T10:40:41","slug":"nelo-partners-with-paymentology-to-expand-in-person-payments-in-mexico","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/nelo-partners-with-paymentology-to-expand-in-person-payments-in-mexico\/","title":{"rendered":"Paymentology and Nelo partner to expand in-person payments in Mexico"},"content":{"rendered":"

\"Paymentology,Paymentology, a global issuer-processor, has announced its partnership with Nelo<\/a>, a consumer payments platform in Mexico, to support its Mastercard in-person payments via\u00a0Billetera de Google\u00a0in Mexico and the launch of physical cards.<\/p>\n

Kyle Miller, co-founder and CEO of Nelo <\/strong>said, “We\u2019re incredibly proud to be among the first to enable Google Pay in Mexico. Empowering consumers across LatAm is our mission, and in response to our customers’ high demand, we now provide the means to pay in person. Through our collaboration with Paymentology as our global technical partner, we have the expertise and infrastructure, to introduce a transparent and equitable credit solution, redefining the essence of credit itself.”<\/p>\n

The Nelo card, along with the integrated Google Wallet feature, provides customers with the flexibility to either settle their entire balance or opt for financing specific purchases gradually,<\/span>\u00a0enabling widespread usage of the popular<\/span> online purchasing solution. Nelo\u2019s product is different from a conventional revolving credit card due to its inclusion of partial biweekly repayments, making it a distinctive offering in the market.<\/span>\u00a0<\/span><\/p>\n

With Paymentology, Nelo now has access to a fast and scalable infrastructure solution, enabling the smooth launch of its Tap to Pay<\/a> solution through Google Wallet, along with its physical card. With Paymentology’s support, Nelo can offer more people access to credit swiftly and reliably, making Nelo\u2019s services accessible and efficient.<\/span>\u00a0<\/span><\/p>\n

Alejandro Del Rio, Regional Director for Latam at Paymentology<\/strong> said, “Through our innovative solutions and superior technological ability, we are empowering Nelo to bridge the financial divide with this latest development in the partnership, reaching out to those previously unbanked and integrating them into the financial system. We are excited to continue supporting Nelo on its journey to enhance its customers’ purchasing power while remaining ethical.”<\/p>\n","protected":false},"author":35778,"featured_media":550981,"parent":0,"template":"","categories":[11384],"tags":[27182,11447,38951,21391,37594,28912,38950,33096,13869,38952],"class_list":["post-550979","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-payments","tag-consumer-payments","tag-credit-card","tag-credit-products","tag-fintech-news","tag-fintech-us","tag-google-wallet","tag-in-person-transactions","tag-nelo","tag-paymentology","tag-tap-to-pay-solution"],"acf":[],"yoast_head":"\nPaymentology and Nelo partner to expand in-person payments in Mexico<\/title>\n<meta name=\"description\" content=\"Paymentology, a global issuer-processor, has announced its partnership with Nelo, a consumer payments platform in Mexico\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/nelo-partners-with-paymentology-to-expand-in-person-payments-in-mexico\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paymentology and Nelo partner to expand in-person payments in Mexico\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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