The company is launching mobile point-of-sales (mPOS) units, allowing small businesses to process payments on site and receive an immediate deposit of the sales in their bank accounts. Businesses will also be able to charge via payment links.
Ualá, which provides a slew of financial services based on a prepaid card managed through a mobile app, expects to invest as much as USD 100 million over the next two years in launching new products and scaling existing operations in Mexico country.
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