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Jun 21, 2019 | Media Coverage

Al Carpetto in Mobile Payments Today

Our head of the U.S., Latin America and the Caribbean was quoted in a recent article in Mobile Payments Today which discussed trends in Latin America

While much of the ecommerce and banking world's attention has been on the rise of  cross-border and mobile payment in Asia and faster payments in Europe, a new picture is coming into focus in Latin America.

New players are emerging with technologies to address the needs of consumers and businesses alike, including digital challenger banks, payments processing firms, mobile payment apps and point-of-sale technologies that will accelerate commerce where millions of people cross borders every day to find work, take vacations, shop and travel for business.

"As Western Union business solutions expands, we have been able to offer more convenient ways across the region by providing financial institutions with the ability to offer their clients 24/7 access to online payments," Al Carpetto, regional head of the U.S., Latin America and the Caribbean at Western Union.

Read the entire article at Mobile Payments Today