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Fintech Puntored announced the integration of Mercatiendas in their PuntoMarket service

May 23, 2020

Colombian fintech Puntored announced the integration of Mercatiendas into its multicommerce service PuntoMarket. This was reported by Colombia Fintech on May 15th.

According to the Colombian fintech publication Puntored wants to support trade in Colombia through mercatiendas. In this way, the platform would enable small shopkeepers to connect with consumers.

“The initiative aims to perform digital buying and selling processes, and according to the managing directors of Puntored will alleviate traders affected by the coronavirus crisis”, Said the publication.

Fintech Puntored announced the integration of Mercatiendas in their PuntoMarket serviceFintech Puntored announced the integration of Mercatiendas in their PuntoMarket service

Dull President Andrés Albán said:

“This platform, the result of an alliance with Vive Experts, also makes it easier for shopkeepers to accept payments other than cash.”

Albán said that the development of Mercatiendas had the participation of Bavaria to join TiendaCerca.co, which enables online ordering.

On the other hand, Puntored’s contribution to the financial sector expanded during the business cycle due to the corona virus: “The company reported that more than 150,000 digital wallet withdrawals have been made through its specialized network, including government subsidies. “they stated.

They also highlighted from Colombia Fintech that the government’s “Helping do us good” government program has “supplied more than 3,000 stores” without endorsing delivery logistics costs.

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