The Innovators 2015 - Transactions Services, is Global Finance's annual listing of key innovations in treasury and transaction services.

Author: Denise Bedell
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Transferencias Moviles” | Mobile Transfers Access For The Unbanked

Category of Innovation: Product

“Transferencias Moviles” for mobile remittance allows customers to send money to anyone who owns a cellphone in Guatemala.

The receiver can cash out via any Banco Industrial ATM without the need for a credit or debit card—using their mobile phone. This enables money transfers from banked customers to any person (banked or unbanked).


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