BBVA expands Aqua card model to Latin America

Tuesday 24 August 2021 11:27 CET | News

Spain-based bank BBVA has announced it is expanding its Aqua cards, which use a dynamic CVV, in Latin American subsidiaries.

According to the company press release, Aqua has become the most widely contracted card of all the ranges offered by BBVA in Spain: while at the beginning of June 2021 more than 700,000 of these cards had already been issued, just two months later, it has already surpassed one million.

The project to implement this new payment experience is in different phases depending on the country. In Spain, the great reception of Aqua, which was designed to complement other cards, has led to customers being offered the option of replacing their main model with Aqua at the time of renewal.

In Mexico, the number-free card is already available to new customers and will gradually replace other debit and credit cards at the time of renewal. For its part, BBVA Peru has implemented the dynamic CVV and is working to renew the mobile experience and launch number-free cards before the end of 2021. In Colombia, PANs and expiration dates will be kept for the time being, but the CVV has been removed from the card and the dynamic one has been launched. In future releases, a completely new card will be issued as in Spain.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: expansion, credit card, commercial card, credit card fraud
Categories: Payments & Commerce
Countries: Latin America
This article is part of category

Payments & Commerce