SAF-T-PAY's unique model allows BCP customers, for the first time, to enter the global shopping network through their local bank with a completely secure e-payment option. At no point in the shopping process do customers using SAF-T-PAY provide any personal financial information, thus removing previous security issues commonly associated with e-commerce transactions.
"Worldwide online shopping is a very large untapped market reality, but it has been a challenge for merchants due to issues of payment security and information privacy," says Manuel Montero, SAF-T-PAY's CEO. "These are the issues our payment system directly addresses using our unique approach and strategic alliances with leading banks such as BCP," added Montero.
Through offering SAF-T-PAY BCP is among the first to provide their customers with a completely secure means of shopping globally, but paying locally. Additionally BCP customers are able to benefit from the comprehensive cross-border transaction, shipping and logistics capabilities SAF-T-PAY brings to the table, creating a truly and comprehensive payment solution.
In Latin America, the top nine markets represent 460 million people with 65 million Internet users. E-commerce in Latin America is projected to reach US$40 billion in 2011 with 25% year-to-year growth. New free trade agreements with the United States and Europe will further this trend.
About SAF-T-PAY:
SAF-T-PAY -- the secure, global Internet shopping system -- is a secure online payment system that allows users to make transactions worldwide while paying locally from their bank.