Santo Domingo, DR Scotiabank announced the signing of an agreement with MasterCard for a period of seven years, which will aim to provide better digital experience to customers and new debit cards in four countries of the Caribbean: Dominican Republic, Bahamas, Barbados and Jamaica. This relationship will promote innovation in payments, focusing on the customer experience, as well as the growth and development of new value offers on different channels and devices.
«Our relationship with MasterCard will result in innovative solutions debit cards for our customers. At Scotiabank, the digital channel is a key pillar of our business strategy. We work hard as an organization to improve our digital experience, and this initiative will help consolidate that position in these four markets in the Caribbean , «said Brendan King, Senior Vice President of International Banking, Scotiabank.
The agreement will allow Scotiabank debit cardholders take advantage of innovative solutions 24/7, including advances in electronic commerce and digital wallets, with optimized security features, a new rewards platform and management of the lifecycle, among other improvements.
Marcelo Tangioni, President of the Caribbean Division Mastercard expressed enthusiasm «by joining forces with Scotiabank to offer solutions focused on customers in the Dominican Republic, Bahamas, Barbados and Jamaica». For his part, Gabriel Pascual, General Manager Mastercard Dominican Republic added, «both Mastercard and Scotiabank are focused on improving the consumer experience in digital payments, and we expect to benefit cardholders as a result of this initiative.»
«This agreement is part of the digital evolution of Scotiabank and arises from the commitment to our customers to offer services secure payment and simplified, and financial solutions that facilitate doing business with us , » said Gonzalo Parral, General Manager of Scotiabank Dominican Republic .
This relationship with Mastercard promote development, innovation and improvements to continue advancing digital transformation of Scotiabank.
About Scotiabank
Scotiabank is a leading bank in the Americas. Inspired by our corporate purpose, «our future», we help our clients, their families and their communities to achieve success through a full range of advice, products and services including personal and commercial banking, wealth management, and private, corporate and investment banking and capital markets. With a team of about 100,000 employees and about $ 1.2 trillion in assets (on January 31, 2020), Scotiabank trades on the Stock Exchange Toronto (TSX: BNS) and the Stock Exchange of New York (NYSE: BNS). For more information, visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.
About MasterCard
Mastercard (NYSE: MA), www.mastercard.com , it is a technology company in the global payments industry. Processing network operate faster payments of the world, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Products and solutions Mastercard make the business activities of everyday life , such as shopping, traveling, running a business and managing finances, something easier, safer and more efficient for everyone. Follow us on Twitter @MasterCardNews , join the discussion in the Blog Beyond the Transa ction and subscribe to receive the latest news on the Engagement Bureau .
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