The Objective
To deploy a robust QR code payment solution that enhances the in-person retail experience by offering a secure, instant, and touchless interbank payment method for customers, while reducing transaction complexity for merchants.
1. Tally Purchase
The Merchant calculates the total amount due on their POS system.
2. Generate QR Code
A unique QR code for the transaction amount is generated and displayed.
3. Scan QR Code
The Customer opens their mobile banking app and scans the QR code.
4. Authorize Payment
The customer confirms the amount and authorizes with a PIN or biometrics.
5. Confirm Transaction
The Merchant's device receives an instant payment confirmation.
6. Complete Sale
The sale is finalized, and the merchant provides a receipt.
The Partner
Suiche 7B, is the benchmark interbank network in Venezuela. Their primary mission is to facilitate the financial lives of Venezuelans by offering digital solutions and interconnecting financial institutions.
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- Core Business: They process electronic transactions for services like the Interbank Mobile Payment system and ATMs.
- Massive Scale: As of the first half of 2025, the company supports over 20 million clients registered for Interbank Mobile Payment, having processed over 1.3 billion transactions.
- Vision: They aim to lead Venezuela’s transformation into a new digital economy with reliable and useful technological solutions.
- Certified Quality: The organization is certified under the ISO 9001:2015 international standard for its electronic transaction processing services.
- Regional Connection: Since 1996, Suiche 7B has been a member of ATEFI, the Association of Latin American Payment Networks, connecting them to the broader financial technology sector in Latin America.
Technologies & Standards
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