Mexico’s NanoPay Selects BPC’s Anti-Fraud Solution SmartVista

BPC, the global payments solution provider, has been chosen as strategic partner by NanoPay in Mexico, and has implemented its anti-fraud solution SmartVista to safeguard credit card transactions for its customers.

According to Daniel Hernández, Business Development Director and Country Manager Mexico at BPC:"The SmartVista solution for real-time fraud management offers an analytics tool with a robust rules engine powered by machine learning that demystifies complex data to enable effective operation of a smart and secure payment ecosystem for both users and financial institutions."

The application of BPC technology for fraud prevention allows NanoPay to shield its credit card service, with benefits such as vigilant monitoring, fraud detection and improving customer satisfaction

NanoPay is a credit card that is part of the products offered by Oplay Digital Services in Mexico. The company commenced operations in the country in 2019 and currently manages a large portfolio of high-end clients. Its aim is to democratize access to credit and to give financial opportunity to people who do not have a credit history or who have previously had problems with their financial history. The majority of NanoPay's clients are young people and digital natives.

José Luis Mateos, Co-founder and COO of NanoPay, said: "Cyber fraud is one of the most pressing global threats, if we would consider the damage this fraud does to be the size of a country, it would measure as the third largest economy considering damages estimate over USD$ 6 billion annually. Thanks to our new strategic partner BPC, we now have a first-class solution in-house to protect NanoPay cardholders from cyber threats in real time, a solution that can identify patterns and allows us to be flexible and adapt to this virtual environment that has so drastically changed over the last two years."