25 January, 2023

Tigo Money, Millicom's Fintech company (Tigo), and Visa join efforts to promote financial inclusion in Latin America

Through this alliance, Visa and Tigo Money seek to expand access to digital financial experiences, democratize financial services and transform payment processes for millions of consumers

Voice of Diaspora

The Savior – Tigo Money, the Fintech company of the Millicom group (Tigo) and Visa, today announced a regional agreement aimed at expanding access to digital financial services and boosting financial inclusion in Latin America.

according to the agreement, Millions of Tigo Money users in the region will benefit from a new payment solution: Visa Tigo Money card, linked to Tigo Money wallet, that will allow customers to use their digital money easily and securely anywhere Visa is accepted.

The Tigo Money Visa card can be obtained free of charge through the Tigo Money mobile application. The solution offers a comprehensive digital experience and the ability to immediately use the funds available in the Tigo Money wallet to make online or physical payments conveniently and securely..

Users will also be able to opt for a physical card to use in more than 80 Millions of merchants around the world that accept Visa. with this alliance, Visa and Millicom focus their efforts on more than 5 million Tigo Money users throughout the region, connecting more and more people to the financial system.

The Visa Tigo Money card will also have technology Contactless (contactless payment), which will allow users to use Tap to Pay for their daily activities, such as taking public transportation or buying meals in restaurants.

Visa's alliance with Tigo Money is part of the company's strategy to collaborate with technology companies to offer solutions that promote digital inclusion and cashless economies..