The new joint venture will be named Comercia Global Payments Brazil and, through its operating subsidiary, is already accepting Visa and MasterCard cards. Since 2010 Global Payments has partnered with CaixaBank to offer payment services to merchants in Spain, where they have a 24 percent market share.
In addition, this agreement is set to combine the technological and commercial expertise of the two companies, including contactless technology, digital payments and mobile point-of-sale services (mPOS).
In recent news, CaixaBank has launched ReciBox, a direct debit management service that uses developments in online banking, mobile banking and data analysis in order to enhance bill management.
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