DC Valor to Introduce Pre-Paid Debit ValorCard®

Mexico City, Mexico, October 16, 2015 (Newswire.com) - ​México City-headquartered corporate financial services provider Dinamismo Con Valor or DC Valor announced its expansion into consumer finance with the introduction of its new, multi-purpose, pre-paid debit ValorCard®, and the ValorPay platform.

DC Valor’s traditional financial services to the corporate sector include currency exchange facilitation, factoring finance, lease financing, and payroll services.

Although the mainstream banking industry has made formal banking far more accessible and inclusive, there remains a significant percentage of individuals for whom cash is the only way they can conduct their financial affairs. We aim to change that with ValorCard®.

Hanspeter Wachter, Managing Director of Financial Services

Due to the exponential growth in demand for flexible card-based payment solutions for persons without bank accounts or with poor credit ratings, DC Valor will devote its extensive knowledge and experience to aid consumers who find traditional avenues to debit cards closed.

ValorCard® and E-Wallet offer in-store and online shopping, cost-effective foreign currency exchange, domestic and cross-border money transfers for those wishing to send money to their families, and cash withdrawals from ATMs worldwide.

Hanspeter Wachter, Managing Director of DC Valor’s financial services operations says, “Although the mainstream banking industry has made formal banking far more accessible and inclusive, there remains a significant percentage of individuals for whom cash is the only way they can conduct their financial affairs. We aim to change that with ValorCard®.”

The pre-paid debit card that facilitates instantaneous transmission of funds by phone or internet at significantly reduced costs from standard banking fees, and with real-time availability of funds, will be phased in on a staggered basis in five countries, with each launch preceded by a formal press release.