Transforming mobility and electronic payments in Colombia

Transforming mobility and electronic payments in Colombia
Transforming mobility and electronic payments in Colombia

Credibanco integrates Copiloto into its App Store, benefiting more than 50,000 transporters and 3,000 businesses in Colombia with innovative electronic payments.

Monday, June 17, 2024

In a strategic move to consolidate its leadership in the electronic payments and mobility solutions market, Credibanco announces the integration of Copiloto to its App Store. This alliance connects more than 3,000 roadside businesses with more than 20,000 transporters, and plans to benefit more than 50,000 transporters by the end of the year. Companies such as Alkosto, Pereirana de Transportes, and Grúas y Transportes de Colombia are already implementing this innovative solution.

The integration responds to an evident need in the sector: the interconnection and amplification of payment experiences and processes that allow better use of financial products, consistent with the dynamics of operation and transportation. In addition, they are aligned with the tax demands faced by businesses and companies in the country.

Benefits for businesses and transporters

This alliance offers multiple benefits for both Credibanco affiliated businesses and Copiloto end users. Businesses will be able to attract and retain traveling customers, while users will enjoy fast and secure payments, managing their expenses in real time while on the move. This solution also facilitates compliance with electronic invoicing regulations, simplifying the legalization of payments and tax obligations.

With the development of smart dataphones and the Credibanco App Store, this integration consolidates a comprehensive solution for managing requests and processes at the point of sale. This will unify the purchasing processes through Copiloto, which will now be the payment operator and will manage its administration. The value proposition also includes independence from cash on roads and greater management and accountability capabilities.o

Paula González VillotaCEO of Copiloto, expressed: “This alliance reinforces our commitment and work with our clients to offer cutting-edge technological solutions that make the lives of our users easier”. For its part, Ricardo Zambranopresident of Credibanco, stated: “The integration of Copiloto into the Credibanco App Store is a great step to expand the payments ecosystem that serves the mobility sector in the country.”

This announcement was made within the framework of the opening of the Credibanco Experience Center, a space that will merge creativity and strategy to offer better solutions to clients and businesses. This initiative is a corporate commitment to continue nurturing the financial system with effective connections through an immersive and interactive experience.

The integration of Copiloto into the Credibanco App Store marks a milestone in the evolution of electronic payments and mobility management in Colombia. This alliance not only facilitates the daily operations of transporters and businesses, but also promotes digital transformation and financial formalization in the country. With initiatives such as the Experience Center, Credibanco and Copiloto continue to lead innovation in the financial and mobility sector, providing solutions that respond to the current and future needs of the Colombian market.

 
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