NovoPayment provides opportunities for public entities, financial institutions, utilities and telcos throughout the Latin American region to develop their own targeted prepaid programs, enhancing their efficiency and productivity.

Banks and Nonfinancial Institutions

• Increase access to new customer segments
• Complement product portfolio, provide for new Business opportunities with existing customers and explore new niches
• Capitalize on and maximize installed capacity
• Energize and motivate the sales force
• Increase brand awareness

Public and Governmental Entities

• Reduce costs and increase efficiency of payment processes
• Substantially reduce the time involved in the implementation and delivery of subsidies and payments to beneficiaries
• Automation and centralization of payment processing
• Ensure appropriate delivery and use of benefits
• Increased transparency and controls

Utilities and Telcos

• Lower distribution costs associated with disposable cards
• Integration of new business categories
• Increased capacity, range and airtime purchasing options
• Provide opportunities for co-branded programs
• Strengthen loyalty programs