Banco ProCredit Ecuador, with support from Quipu, an IT consultancy and software development company providing end-to-end solutions for banks and financial institutions, has become the first bank in the country to offer its clients the possibility of making payments through Garmin and Fitbit watches.
Banco ProCredit Ecuador customers may now add Mastercard payment card to their smart watch and make payments for goods and services using Garmin Pay and Fitbit Pay. The project, which went live within two months, was driven forward by the bank’s desire to offer its customers more accessible and contact-free payment options, according to a press release, Eugenio Marengo, Global Head of Processing Centre, Quipu, said in a company press release.
“We are pleased to support Banco ProCredit Ecuador in becoming the first bank in the country to offer these payment options. With Garmin and Fitbit increasing in popularity in the country, facilitating these payments methods was a logical step for the bank,” he said. “Our aim is to continue to support our partners in shaping the payments landscape in the countries they operate in, which we do by offering innovative solutions suitable for each specific situation. We will continue to support customers worldwide in their digital transformation journeys.”
Quipu has been running its processing center since 2004, and delivers processing services as well as personalization facilities to 30 financial institutions in 11 time zones.