MONTEVIDEO, URUGUAY, August 23, 2019 – IN Switch, world leader in mobile financial services solutions, and ISBEL, a leading company in integration of technologies applied to communications, announce that they have signed a commercial and technical collaboration agreement to develop different opportunities in the Dominican Republic and the Caribbean together.
This strategic alliance aims to strengthen the products offered by both companies in order to reinforce their business in that region.
IN Switch is a leading company in mobile financial services solutions. IN Switch products are developed to help mobile operators and financial institutions implement complete electronic money systems and products offering platforms with business intelligence. Throughout its more than 15 years of experience, IN Switch has gained a strong presence around the world, particularly in Latin America and the Caribbean, with more than 100 platforms installed, which handle over 75 million users and 10 million of transactions per hour.
ISBEL combines innovation and experience in the design and implementation of communications solutions through its own developments and technology of world-class manufacturers. The multidisciplinary teams of ISBEL have a trajectory of more than 30 years providing services to more than 3000 clients in Latin America and the Caribbean, from their operations centers in Uruguay and the Dominican Republic.
“IN Switch is proud to have achieved this new alliance with ISBEL,” said Amilcar Perea, CEO of IN Switch. “In recent years we have acquired a deep knowledge of the needs of the mobile financial services market, so this alliance will be important to enrich our portfolios and expand our presence and that of our partner in that region,” he added.
“For ISBEL, this agreement with IN Switch is of great importance, because it allows us to incorporate a new range of solutions to our current offer, and thus create new business opportunities,” added Rafael Staricco, CEO of ISBEL.
ISBEL is a Uruguayan company specialized in applying technology to communications. With more than 30 years in the market, it has developed customized solutions for organizations in more than 20 countries in Latin America and the Caribbean.
With a strong vocation for service, ISBEL contributes to the success of its clients in the private and public sector, in areas such as unified communications, contact center, networking, business applications, infrastructure and data center; as well as in technologies for telecommunications operators, internet of things and smart cities.
ISBEL has formed a business ecosystem that also includes Business Processing Outsourcing services, a core of innovation and an internal software factory that, working together, have initiated successful products among which Hey Now Bots stands out, with more than 50 customers In Latin America it has delivered more than 35 million messages in the last year.
About IN Switch
IN Switch is a global leader in mobile financial technologies. For more than 15 years we have been helping companies and governments offer massive mobile financial services through innovative solutions. Our more than 100 platforms, located in 40 countries, process over 10 million transactions per hour.
IN Switch has led the most notable electronic money projects of LATAM: the first wallet launched by TIGO Paraguay in 2008, the main electronic money project in Argentina in 2017 -PIM by Nacion Servicios, Banco Nacion-, the first electronic money system with digital banknotes issuance in Uruguay -ePeso-, TIGO Bolivia in 2018, TIGO El Salvador in 2019, as well as new projects in Honduras, Guatemala and the Caribbean.
With our 10 commercial and support offices across the Americas, we make sure we are close to our customers in order to provide them with a better service and experience.