SafetyPay Recognized as Part of South Florida’s Growing Tech Hub

Originally posted on MiamiHerald.com: http://www.miamiherald.com/2013/09/29/v-fullstory/3658965/nurturing-a-tech-hub-south-florida.html

 

Nurturing a Tech Hub: South Florida Making Progress
by: Nancy Dahlberg

For many entrepreneurs and community leaders involved in the tech hub movement, Endeavor’s launch is one of the strongest signals yet that the dream of a strong and sustainable entrepreneurial ecosystem in South Florida is attainable.

Endeavor is a global nonprofit with a 16-year history of identifying and helping high-impact entrepreneurs from all industries become global success stories, creating plenty of jobs for their communities. Those entrepreneurs also become role models, mentors and investors in the next generation of innovators in their regions, adding layers to the ecosystem. Founded in Latin America and now in 17 countries, Endeavor chose Miami to launch its first U.S. program.

“The timing for Endeavor to be here is perfect: Endeavor is what’s going to take the Miami entrepreneurship community to the next level,” said Adriana Cisneros, CEO of the Cisneros Group of Companies and chair of Endeavor Miami.

Champagne flowed at the launch party at The LAB Miami in Wynwood last week, but Endeavor’s arrival is far from the only marker of success in the past year: Co-working spaces buzz, accelerators attract top talent, and high-profile events draw outsiders here to check out the scene. Efforts to unite the tri-county area in building and branding a hub are gaining steam.

Early stage companies have been making headlines, too: Open English, CareCloud, Yellow Pepper, Easy Solutions, TissueTech, SafetyPay and Modernizing Medicine all raised millions of dollars in funding rounds recently, and startups Everypost, Gui.de and Kairos have been drawing national or international coverage.

To be sure, there are still challenges.

Finding funding and enough talent in the region still top the list of areas where improvement is needed, according to an informal survey of entrepreneurs and other leaders within the community. Brain drain continues to be a key concern. And although South Florida has always been highly entrepreneurial — the Miami-Fort Lauderdale metro area is the most entrepreneurial in the nation, according to Kauffman Foundation research — its growth is still dominated by micro-businesses that stay tiny. There are perceptions to fight, too, of Miami as a capital of sun and fun, not entrepreneurship and technology.

Yet, many believe that eMerge Americas, technology pioneer Manny Medina’s large tech conference planned for next May, will be a coming-out party of sorts. “It will be a chance to show the world what we’ve got,” said Diane Sanchez, CEO of Medina’s Technology Foundation of the Americas putting on eMerge.

In the past year, the tech hub movement has grown at a frenetic pace.

The John S. and James L. Knight Foundation has committed $3.8 million to entrepreneurship-focused projects so far, including $2 million over five years to launch Endeavor. Knight also funded eMerge Americas, The LAB Miami, Refresh Miami, Ashoka and other organizations; it has several grants very near completion and many more in the pipeline.

The Knight Foundation began making grants in entrepreneurship last fall, starting out by funding events and projects such as hackathons, idea jams, entrepreneur pitching events and conferences, and will continue doing so. The foundation believes it can make a bigger impact making a greater number of grants in smaller amounts — such as a $20,000 grant it made last week to the Awesome Foundation, which itself makes micro-grants to entrepreneurial projects — and Knight will be “pushing forward aggressively in year two,” said Matt Haggman, Miami program director of the Knight Foundation. Coming up those include funding SIME Miami, a high-profile European conference of technology thought leaders from around the world, and the return of the popular Startup City: Miami early next year.

“We want to remove the question as to whether Miami is the place to launch an idea and can provide the network, tools and resources … Our contention is that all the elements are here,” Haggman added.

New spaces are joining the ecosystem, such as the five-floor nonprofit MEC261 in downtown Miami, which aims to be an all-in-one center for offices, co-working, funding, acceleration/incubation, education and events, said its founder Maurice Lopes. The fifth floor with offices and conference rooms is already open and 90 percent occupied with about 15 companies, and the fourth floor will open in three to four months with a multi-use event space for up to 400 people, more offices, training rooms and a design laboratory, with other floors to follow, Lopes said.

MEC261 joins about a dozen other spaces around South Florida that cater to entrepreneurs. The Enterprise Development Corporation’s Technology Business Incubator in Boca Raton has expanded twice in the past year, growing to about 18,000-square-feet. It includes the co-working center Caffeine Spaces that has become a hub of startup activity in that area. The EDC, which is also a partner in MEC261, is opening an incubator in Coral Springs on Tuesday, and is partnering with Broward College on another one, said Rob Strandberg, who heads the nonprofit.

Venture Hive, the first tech-entrepreneurship program to receive significant local government support, opened an incubator and is taking applications from around the world for its second accelerator class. Co-working centers Pipeline Brickell and The LAB Miami, both of which opened about a year ago, are curating their memberships with a mix of startups and more established companies, independent contractors and service providers and are nearing capacity in their memberships. Healthcare-focused ProjectLift at the Miami Innovation Center graduated its first accelerator class and other specialized incubators and co-working spaces have opened or are in the works around South Florida for clean tech, nonprofits, food, fashion and filmmaking. This summer, a network of “maker spaces” began taking root across the tri-county area for programmers, inventors and other creatives of all ages to gather and build stuff.

These organizations as well as universities and other groups have been packing the calendars with events. A snapshot: Earlier this month, the HealthTech Showcase drew about 300 community movers and shakers, entrepreneurs and students to the University of Miami Life Science & Technology Park for startup demos and panel discussions. Earlier the same day, nearly 200 people — college-educated but underemployed professionals, plus mentors and community members — packed the Signature Grand in Davie for the kickoff of a 10-week tech-entrepreneurship educational program called Startup Quest. Last week, about 250 filled a Citrix auditorium in Fort Lauderdale for a South Florida Technology Alliance discussion on big data.

Also this month, there was a locally organized tech job fest at Miami Dade College drawing 450 jobhunters, a four-day workshop at Venture Hive for Caribbean entrepreneurs, a presentation hosted by Startup Delray on the “maker movement,” and the return of the NewME PopUp Accelerator, a three-day event by a San Francisco organization that wrapped up Sunday at The LAB. Over the next six months, the conference calendar really heats up: SIME MIA, WebCongress, TekFight , Startup City, Rokk Miami and others (see box) all lead up to eMerge May 4-6.

Despite the progress, building an ecosystem takes years. South Florida still needs a few big success stories to put it on the map and the rest will follow, many in the community say.

“We already have strong fundamentals. The region has produced great, talented individuals. We have an awesome geographic location relative to global travel needs, and we’re a city of multiple cultures,” said Juan Diego Calle, co-founder and CEO of .CO Internet, a fast-growing Miami company that markets the .co domain. “With a few big hits leading the way, the talent we produce in the region will decide that it’s OK to stay and build a company in South Florida. And hopefully the talent that already left will return.”

SafetyPay and Paymentez Partner To Offer Latin American Gamers A Secure and Seamless Payment Option

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/9/prweb11159719.htm

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, today announced a partnership with Miami-based Paymentez, a leader in helping social games, online games and virtual content companies extend their reach and monetize their products in Latin America.

“SafetyPay is well known across Latin America as a safe and easy-to-use payment method,” said Sarah Arnio, Director of Revenue at Paymentez. “With its direct bank connections in Latin America, we can cater to our customers in Brazil, Mexico and Colombia by offering them more payment options.”

“Paymentez provides payment services to some of the biggest names in online gaming,” said Sandra Feinberg, Vice President of Sales, Safetypay. “Together we’ll be able to connect hundreds of millions of consumers across Latin America with global game publishers.”

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

About Paymentez
Paymentez, LLC, headquartered in Miami, Florida, is the largest monetization platform of virtual content in Latin America. With more than 4 million registered users and processing 650 requests per second, it’s the most experienced company in online and offline payments in Latin America. Its network consists of 500,000 offline POS in six countries, with a strategy focused on increasing conversion rate and providing a transparent solution for its clients. Customers include Visa, EA, Valve, Ubisoft, Zynga, Sulake, Bigpoint, and Nexon. For more information visit:http://corp.paymentez.com/home.

SafetyPay Adds United States and the Caribbean to Regions Where Global Merchants Can Sell Online and Accept Cash Payments

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/9/prweb11134556.htm

SafetyPay™, the real time online payment solution that enables consumers to shop from merchants worldwide and pay in their local currency directly from their bank account or with cash, today announced the addition of the United States and Caribbean as regions where global merchants can accept cash payments for purchases made online. Walk-in cash payments can be made in Moneygram locations throughout the US and Caribbean, which can be located on their website at http://www.moneygram.com.

“We’re delighted to work with Moneygram to enable global ecommerce merchants to sell to cash paying customers in these new regions,” said Sandra Feinberg, Vice President of Sales at SafetyPay. “Now American consumers and shoppers across the Caribbean can enjoy the convenience of using SafetyPay to buy online and pay in cash, just like consumers in Peru and Mexico do today.”

Millions of consumers around the world prefer to pay for their purchases in cash. With SafetyPay, merchants can offer consumers with cash and access to ecommerce sites the ability to pay for online purchases. Cash payments can be offered to both local consumers and consumers located in other countries.

About SafetyPay

SafetyPay is a real time online payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay in their local currency directly from their bank account or with cash. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

SafetyPay Welcomes Colombia to Their International E-Commerce Payment Solution

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/8/prweb11015074.htm

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, today announced the availability of the service to Colombian consumers and merchants. Over 85% of banked customers in Colombia can shop online securely and seamlessly from local and international merchants.

“Millions of consumers across Latin America already have access to SafetyPay and use the service to purchase from our merchants in their own countries, as well as USA, Canada and Europe,” said Gustavo Ruiz, General Manager of SafetyPay, Latin America. “Not only does this offer Colombian consumers the same global access, but it provides them the safest online payment solution in the world since they never enter personal or financial data outside of the online banking system.”

Additionally, Colombian merchants will now be able to reach over 300 hundred million consumers worldwide with access to SafetyPay. Though global consumers will have the option to pay in their own currencies, Colombian merchants will be paid in Colombian pesos. They will also benefit from guaranteed payments, low transaction costs, mitigated fraud and no chargebacks.

Colombian merchants can connect to SafetyPay directly or through one of the company’s local and international Payment Service Provider (PSP) gateway partners.

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

SafetyPay Mourns the Loss of President and Chief Executive Officer Manuel Montero

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/8/prweb11003460.htm

SafetyPay™ announced that Manuel Montero, President and Chief Executive Officer, passed away yesterday after suffering a heart arrhythmia two weeks ago while on vacation in Europe. Mr. Montero was 67 years old.

“Our company has lost a talented, dedicated and passionate leader who made an indelible mark on the lives of his colleagues, family and friends, and we are deeply saddened by his death,” said Don Layden, a member of the Board of Directors of SafetyPay. “Manuel was a gifted and intelligent executive who not only founded and led the growth of SafetyPay, but acted as a respected mentor and inspiration to his team.”

Don Layden has been appointed interim CEO by the SafetyPay Board of Directors, which has commenced a search for a new CEO.

Prior to founding SafetyPay in 2007, Montero held numerous high level and executive positions within technology and financial organizations around the world. He served as chairman and CEO of Fiera.com, Inc., Latin America’s leading online and catalog retailer and was chairman and CEO for TNT Logistics in Spain and Portugal. Montero was a managing partner of Roland Berger, Europe’s leading management consulting firm and Deutsche Bank affiliate. He also worked as general manager of American Express Spain and Division Vice President of American Express, where he was responsible for the launch of the company’s Latin American business.

Montero leaves behind a wife, three children and two grandchildren.

About SafetyPay

SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

 

IFC Invests $7 Million in SafetyPay to Expand Online Payment Services in Latin America

Originally posted on PRWeb.com http://www.prweb.com/releases/IFC/SafetyPay/prweb10912567.htm

FC, a member of the World Bank Group, is investing $7 million in SafetyPay, a company that through itssecure payment system gives people in Latin America access to the lower prices and increased efficiency of online commerce.

SafetyPay enables consumers who may not have a credit card to buy online goods and services using their bank account. Merchants who use the system benefit from an expanded customer base and SafetyPay’s low transaction fees. Banks can offer their customers an attractive new service and generate revenues from their online banking facility, without any additional investment.

“In many developing countries people do not have access to credit cards and have—until recently—not been able to make online purchases,” said SafetyPay CEO Manuel Montero. “With the financial support of investors such as IFC, we are continuing our aggressive growth strategy to partner with banks and companies to give more consumers in Latin America access to our services.”

SafetyPay, headquartered in Florida, was launched in Peru in 2007 and is active in Mexico, Costa Rica, Brazil, and Colombia. The company currently has partnerships with 84 banks in Latin America, and with many of the region’s leading firms, including Groupon, Peruvian Airlines, Volaris Airlines, and Despegar.

“Online commerce increases price transparency, lowers transaction costs, and enhances export opportunities,” said Kent Lupberger, IFC Global Head of Telecommunications, Media, and Technology. “SafetyPay is playing an important role in giving more people access to online commerce, and we look forward to supporting their continued growth.”

Latin America has a fast growing e-commerce market. Total online retail sales in the region grew from $8 billion in 2006 to $43 billion in 2011, with an average annual growth rate of 41%.

About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visithttp://www.ifc.org.

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

Stay Connected
Facebook.com/IFCwbg
Twitter.com/IFC_org
Youtube.com/IFCvideocasts
http://www.ifc.org/SocialMediaIndex

 

SafetyPay and GlobalCollect Form Strategic Partnership to Advance Secure International Payment Solutions to over 300 Million Consumers

Originally posted on PRWeb.com http://www.prweb.com/releases/SafetyPay/GlobalCollect/prweb10875995.htm

At GlobalCollect’s thought leader event LATAM Insights on June 20th, real time online-banking payment solution, Safetypay and GlobalCollect announced their global partnership agreement. The partnership extends the reach of both organizations in markets around the world, while providing the companies the ability to provide their customers a more secure and seamless payment option.

“The announcement with GlobalCollect represents a solid step in our continued growth and accelerating momentum,” said Sandra Feinberg, Vice President of Sales for SafetyPay. “Our existing merchant partners already recognize the value of our solution, which ensures zero fraud and no chargebacks, and we’re confident GlobalCollect’s merchant base will quickly adopt the SafetyPay solution.”

Together, SafetyPay and GlobalCollect reach merchants and consumers in over 200 countries and territories across North America, Latin America, Europe, Middle East, Asia and Africa to create a truly global footprint. With SafetyPay, merchants can offer goods and services to customers they weren’t previously able to serve, including:

  •     Customers who do not have internationally accepted credit cards
  •     Customers who don’t want to use credit cards for fear of fraud or identity theft
  •     Customers without credit cards, but sufficient funds in their bank accounts

 

“As a global full-service Payment Service Provider we’re excited to offer the highly secure and seamless SafetyPay payment solution to our merchant partners around the world,” said Mike Goodenough, Vice President Payment Partnerships at GlobalCollect. “It is a great addition to our growing global payments network. We’re excited to connect our merchants to the 300 million strong international customer base that has access to SafetyPay today. By working together, SafetyPay and GlobalCollect will create an international ecommerce network that is unprecedented in scope and value.”

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com. To see how SafetyPay works, visit http://goo.gl/Q3DPA.

About GlobalCollect
GlobalCollect is the most knowledgeable global Payment Service Provider in the world, processing more than US$14 billion in international e-commerce payments per year for more than 500 of the world’s most recognized e-commerce brands in the digital goods and services, travel, retail and video gaming industries, among many others. With nearly two decades of payments experience, we enable our clients to efficiently and securely accept payments from more than 170 countries in more than 170 currencies, using in excess of 150 local payment methods including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. This gives our customers unparalleled coverage, especially in high-growth regions like Latin America, where GlobalCollect acquired regional PSP Sub1 in 2012. Our robust and redundant systems guarantee our customers high availability and reliability. GlobalCollect’s business intelligence tools and more than 400 payments experts help our clients elevate their payment strategies to become a strategic asset to their companies.

For more information contact: Sasha Hernandez (786) 294-6411 ext. 252 shernandez(at)safetypay(dot)com

For more information contact: John Snoek – Global Vice President Marketing +31(0)23-567-1500 press.globalcollect(at)globalcollect(dot)com

 

Mexican Airline Volaris Adds SafetyPay to Payment Method Options

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/6/prweb10850553.htm

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, today announced that customers around the world can use SafetyPay to now purchase air tickets for Volaris flights through their website http://www.Volaris.mx.

SafetyPay currently is available through the four major banks in Mexico: Banorte, BBVA Bancomer, Santander and Scotiabank. “We are excited that Volaris has joined our ever increasing merchant base and are confident that both of our companies’ commitment to customer service will allow a multitude of users to pay for plane tickets safely and seamlessly,” said Gustavo Ruiz, SafetyPay VP of Latin America.

Volaris is the second largest airline in Mexico and is known for its attractive fares and promotions. The airline offers flights throughout Mexico, as well as numerous destinations in the United States including San Francisco, Los Angeles, San Diego, Las Vegas, Chicago, Denver and Orlando.

About SafetyPay

SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visithttp://www.safetypay.com.

About Volaris

Volaris is the airline with the most modern fleet in Mexico, consisting of 43 aircraft from the Airbus A320 family, with an average age of 4 years. Volaris currently offers 80 routes to 30 cities in Mexico and 10 in the United States: Los Angeles, Oakland / San Francisco, San Jose, San Diego, Fresno and Sacramento in California, Las Vegas, Orlando, Chicago and Denver. The carrier started operations in March 2006 and currently has over 2,600 Ambassadors (Employees).

 

SafetyPay Speaks on Role of Payments at UATP Airline Distribution Conference

Originally posted on PR Web: http://www.prweb.com/releases/2013/4/prweb10668989.htm

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, was honored to send Vice President of Sales, Sandra Feinberg, to participate as a panel speaker at the 2013 UATP Airline Distribution Conference in Miami, FL recently on April 18th.

Feinberg spoke with six other presenters on how payment strategy can help increase the likelihood of distribution success. Also participating were representatives from Lufthansa AirPlus, Telchar B.V. Payment Fraud Consultancy, WorldPay, GlobalCollect, Southwest Airlines and Delta Air Lines.

The panel’s discussion lasted about 45 minutes, and was moderated by K. David Holmes, VP Global Sales for UATP. The speakers presented, discussed and responded to audience questions regarding payments, the largest distribution cost for airlines. They provided information and observations regarding the roles that fraud, credit cards, alternative payments and more play in payment strategies and successful distribution plans.

The panel emphasized the need for a wide-ranging payment strategy that balances customer preference with airline financial requirements. “In many developed and developing markets around the world, the costs and limits of using credit cards are costing airlines high fees and lost business opportunities,” said Feinberg. “Airlines need to enable customers to purchase online using real-time bank transfers and even cash to reach a broader market and protect themselves from fees and fraud.”

About UATP
UATP is a comprehensive payment solution that airlines offer to reduce the high cost of credit card use and provide important data for accurate travel management. It’s a low-cost option, void of high costing merchant service fees, currency conversion fees, and government and policy induced fees. UATP’s corporate program and data tools, DataStream and DataMine, supply Level III Data for all air and rail travel, and folio-level data for hotel stays. For more information, visit UATP.com

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

For more information contact: Sasha Hernandez 786-294-6411 ext. 252 shernandez(at)safetypay(dot)com

SafetyPay CMO Speaks at Boston University

BU Global Marketing students, Professor Patricia Hambrick and Barbara Bibas Montero of SafetyPay.

BU Global Marketing students, Professor Patricia Hambrick and Barbara Bibas Montero of SafetyPay.

SafetyPay’s CMO, Barbara Bibas Montero, was invited as a guest speaker to the Global Marketing class at Boston University’s School of Management on April 17, 2013. She shared with a highly attentive and engaged group of students the marketing challenges of positioning and value creation of a global payment company, particularly one that is innovative.

The visit unfortunately coincided with the recent Boston Marathon event and the loss of one of BU’s own students. Ms. Bibas Montero had the opportunity to share her condolences with the students and commend them for their  true “Boston Strong” spirit.