#TrendInMeansOfPayment #FinancialEvolution #TheTechnologyOfThePossible
Daniel Barba joined Evertec Inc. (NYSE:EVTC) in 2014 and currently holds the position of Vice President of Merchant Acquiring and Processing for Latin America. Daniel has over 15 years of experience in the banking and payment industries, which he spent working for various Latin American companies listed on the New York Stock Exchange.
Prior to joining Evertec, he was deputy manager of Merchant Acquiring for the most prominent bank in Central America, BAC Credomatic, where he focused on the largest portfolio of affiliated merchants in a region comprising 6 countries.
At Evertec, Barba recently led two of the most significant projects in Latin America. The first was the launch of a complete acquisition operation for Banco Santander (Getnet) in Chile, while the second project was conducted in Mexico: the execution of an ambitious digital payments initiative alongside Mercado Libre, the largest company in Latin America in terms of market value.
In both cases, he successfully led complex initiatives while adhering to the highest quality standards. Using his profound knowledge of the industry, Barba has made a positive impact on the revenues and profitability of Evertec and the markets he’s worked with, leading teams in various positions over the last 8 years. Evertec is one of the leading payment processing companies in Latin America, with offices in 10 countries and over 2,500 employees.
Daniel holds a degree in Business Management, an MBA from the Universitat Internacional de Catalunya in Barcelona, Spain, and attended The Wharton School of the University of Pennsylvania. He currently resides in the city of Santiago, in Chile.
Evolution and Trends in Means of Payment
The pandemic has undoubtedly come to revolutionize the world economy. One of the most obvious changes has been the exponential and rapid growth of electronic commerce and the adoption of new payment methods, migrating from face-to-face to digitalization. According to blacksip (multinational digital commerce consultancy) the number of Chileans who buy online already reaches 63% of the population, the same percentage that until 2021 is considered in Spain. Likewise, the adoption of new contactless payment methods such as QR codes, biometric technologies and cryptocurrencies are positioned as options among consumers, according to the Mastercard New Payments Index report, which indicates that 8 out of 10 Chileans will use contactless during 2022.
The interest in adopting new payment methods that facilitate the customer’s purchase from the comfort of their smartphone, tablet or electronic device preferably is a fact, but how has their evolution been and what are the trends that are being experienced in 2022? ? This is what we will see in the next talk.