YellowPepper Expands Reach in Latin American Mobile Payment Market

January 12, 2017         By: Mike Dautner

YellowPepper, Latin America’s leading Mobile Payment provider, announced today the latest developments in its continued growth throughout Latin America, unveiling new partnerships with four banks in Colombia; Banco Colpatria, Banco Corbanca, Banco Davivienda and Bancoomeva to power their payment applications in addition to a digitally issued credit card.

YellowPepper continues to partner with leading institutions to provide the best mobile payment experience to consumers, now providing the tech platform to run Colombia’s largest card issuer and Scotiabank-owned Banco Colpatria and Itau controlled, Banco Corpbanca’s mobile wallets.

YellowPepper is also extending its existing partnership with Bancoomeva, providing them with a complete mobile banking application along with the mobile payment functionality.

In addition, YellowPepper’s partnership with Banco Davivienda allows the second largest Colombian retail bank to instantly issue digital Davivienda credit cards in sixteen Apple stores throughout Colombia. Within the first six weeks of launch, Davivienda and YellowPepper had already processed more than $6 million USD.

Under the leadership of Co-Founder & CEO, Serge Elkiner, YellowPepper has enjoyed significant growth recently in key Latin American markets, including Mexico and Ecuador in addition to Colombia.

These successful mobile payment solutions partnerships complement existing efforts with Colombia’s Grupo Aval, Banco de Bogotá, Banco de Occidente, Banco AV Villas and Banco Popular. YellowPepper offers customers the safest and most convenient way to pay and even more options to reap the benefits of mobile payments in a continued pursuit to revolutionize the Latin American payments landscape.

“Mobile payments are growing rapidly throughout the region,” said Serge Elkiner co-founder and CEO of YellowPepper. “We are honored to be leading this movement in Latin America, and are thrilled to work alongside our key partners, all committed to bringing these payments innovations to the masses.”