Proudly Serving
PUERTO RICO & THE US VIRGIN ISLANDS
SINCE 2014
In the LAC regions we have helped all types of business
Puerto Rico and the US Virgin Islands are located in the LAC Regions. The term LAC covers an extensive region, extending from The Bahamas and Mexico to Argentina and Chile. The region has over 670,230,000 people as of 2016. Currently Volt Merchant Solutions services are available in Puerto Rico & the US Virgin Island. However, we plan on expanding and providing our unique package of solutions to the entire LAC region in the coming years.
Restaurants
Hotels
Supermarkets
Automotive
Spas
Retail Shops
Healthcare Offices
Auto Shops
Small Businesses
“Most adults in Latin America have a Mercado Pago or PagSeguro free digital account,” comments the author of the research report, Brian Riley, Director, Credit Advisory Service at Mercator Advisory Group. “That does not mean everyone has a bank account, but new payment options make it easy to transact outside of the banking realm. Yet strong domestic and global credit card issuers operate in the market.” He continues: “There is plenty of room for growth, but risk management must contend with high default rates, unacceptable fraud levels, and a credit model that is not designed to let households comfortably revolve consumer credit card debt. Interest rates are sky high to offset operational and fraud risk.” Learn more about doing business in the LAC region and other countries in this article, “Credit Cards in Latin America and the Caribbean: Financial Inclusion with Risk and Opportunity“.
