ECommLink, a leading value-added prepaid debit card processor, announced today that it has opened a satellite office in Medellin, Colombia to support its growing business development efforts in Latin America
"The Latin American market is ripe for a variety of prepaid programs. The large unbanked population and the immaturity of the payment infrastructure offers significant opportunity for prepaid cards, particularly when paired with mobile capabilities," stated Ennio Ponzetto, CEO, eCommLink.
eCommLink's international strategy combines a flexible global design, powerful prepaid platform and first hand knowledge of the markets where it is expanding.
"Just having the technology needed for a specific region is not enough. We combine this with a true understanding of the area and the players to deliver market ready prepaid solutions that can be widely adopted," stated Vicente Mota, Senior Vice President of Sales, eCommLink. "Our new Colombian office allows us to bring this level of understanding which we have today in the U.S. and Mexico to a greater part of Latin America."