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In Conversation with U-Payments Leadership: 'We Offer Integral Solutions Tailored to Each Client's Needs Based on Preliminary Analysis, Competition, and Previous Success Stories’

We consolidate and generate alliances, recruit the best talents, and develop high-performance work teams.”

U-Payments, a FinTech Company, is dedicated to consulting, advisory, and implementation of payment media platforms, to find solutions to solve the needs that companies and social organizations have when they decide to work for inclusion and quality financial education and to offer services in collaboration with the formalization of the economy.

The company is headquartered in Santiago, Chile.

Paulo Paulek (CEO) and Gabriel Vozza (CBO), U-Payments Co-founders, spoke exclusively to The Silicon Review. Below is an excerpt.

Q. When was U-Payments incorporated? Brief us about the journey so far.

U-Payments was founded in 2018, offering digital payment methods and Program Manager services. Since then, we decided to develop a regional fintech, expanding country by country in Latin America, offering payment services including issuing credit, debit, prepaid, and gift cards for private and government projects…with processing Visa, MasterCard, American Express, Discover, Program Manager, and several other digital products and services.

We consolidate and generate alliances, recruit the best talents, and develop high-performance work teams.

'We provide integrated solutions for businesses.' Explain this in detail.

We offer tailor-made solutions to our clients, including payment services, issuing credit, debit, prepaid, and gift cards for private and government projects, as mentioned above.

Besides, we integrate the best capabilities of processors and FinTechs and offer program management and consulting services. We also collaborate in the landing of the clients' products and services, including major alliances.

Most importantly, we offer integral solutions tailored to each client's needs based on preliminary analysis, competition, and previous success stories.

Q. Where do you stand as a company in a crowd of competitors? And what are you doing to stay ahead of the curve?

We stand tall as a company. We do everything in our capacity to support our clients. Each client matters to us, and we get involved with them and their team. To overcome hurdles that bother our clients to advance further, we continue to focus on their business and technological processes.

Q. What are the factors that contribute to your success?

Our innovative Fintech Enablement Platform with significant capacity and strategic expansion, starting with our open banking development, majorly contributes to our success. Besides this, we attribute our success to the following factors:

  • Strong management
  • Getting involved with clients' success
  • We understand the deals we work with

Q. How do you plan to combat your competitors in the future?

We plan to lead from the front by striving to deliver better and better services besides developing our team of collaborators and improving their talents. More importantly, we will be strengthening our technological and commercial alliances from the achievement of common objectives.

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Q. Where do you see your company a couple of years from now?

Having our consolidated regional expansion project in its first phase would be our priority. We will also be concentrating our efforts on collaborating in the social growth of the region through successful projects in social inclusion and financial education.

Last but not least, we will be going to the capital market to leverage in this way, development in vertical markets, country by country in Latin America.

A short overview of the services U-Payments offer.

Acquiring

  • Acceptance of transactions for merchants
  • Gateway and payment button
  • Integration with shops/supermarkets (retailers) via web services and independent sales organization
  • Liquidation and loans for retailers
  • CMS System

Issuing

  • Credit, debit, and the prepaid card processing
  • Individuals and corporations
  • Physical and virtual

Mobile Apps for Customers

  • Mobile applications for clients
  • Android
  • iOS
  • Wallet integrated into the card platform
  • Integration of purchase of cellphone minutes and loans
  • E-lending

Mobile Apps for Merchants

  • Mobile apps for merchants
  • mPOS with card reader including magnetic stripe, EMV chip, and contactless
  • Sales through QR codes
  • Integration of purchase of cellphone minutes and loans
  • E-lending

Bracelets

  • Wristband for ID and micropayments
  • Money transfer from credit or debit card to a wristband

Marketing Platform

  • Sales Management System
  • System for pre-card issuing
  • Delivery at points of sale and retailers

Multiple Value Added Services

  • Program manager
  • Onboarding digital systems with 99.997% of veracity
  • Multiple authorization factors,
  • Permanent tracking system for identifying behavior patterns, fraudulent transactions, and online money-laundering prevention
  • Development of microservices to integrate into any business vertical
  • Optimized time to market

"We integrate the best capabilities of processors and FinTechs in addition to providing program management and consulting services."