Onboarding Businesses - Merchant Account Qorus Banking Innovation Awards 2023

Submitted by

Banco Internacional

Premium

19/09/2023 Banking Innovation

Our main objective, for our corporate clients, is to give them digital solutions that break the Ecuadorian market providing payment methods and payment terminals, through a digital application (onboarding)

Innovation details

Country
EcuadorCategory
Core Offering InnovationKeyword
Customer acquisition & loyalty, Innovation, SME Banking, Embedded finance & Super apps

Innovation presentation

Onboarding Businesses Merchant Account seeks to provide merchants (retail and businesses) in Ecuador with a quick service application to obtain one of their greatest needs: payment methods and payment terminals. Currently in Ecuador no bank has a digital Onboarding for this Service, instead of it, customers have to do a traditional application, in person, and normally takes between 20 to 30 days to obtain it.

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