Cielo, Planet Payment extend Pay in Your Currency agreement in Brazil

Sao Paulo-based Cielo and Planet Payment Inc. have signed a contract extension regarding their Pay in Your Currency processing agreement that allows transactions in multiple currencies, letting consumers in Brazil pay in their own currency. International travelers can use their Visa or MasterCard for transactions with Brazilian stores and merchants.  Read More »

Gemalta and PROSA team up to provide mobile payments in Mexico

PROSA, the largest payment processor in Latin America, and Gemalto, a leader in digital security, are teaming up to bring mobile payments to Mexico."Gemalto is committed to supporting PROSA, a key financial service provider, in effectively equipping a major portion of the Mexican market with mobile payment services," Gemalto President for Latin America Rodrigo Serna said. Read More »

Millicom to acquire Paraguay's TV Cable Parana

Telecommunications company Millicom, based in Luxembourg, recently said it plans to purchase Paraguay's TV Cable Parana.TV Cable Parana is the leading cable provider in Ciudad del Este, Paraguay's second largest city, and offers a variety of channels for 15,000 subscribers. Millicom offers its services to more than 60 million customers in markets across Latin America and Africa. Read More »

majicJack to offer Mexico mobile customers unlimited U.S. calls

The cloud-based communications company magicJack VocalTec Ltd. plans to launch a new Mexico-based service with Mexico’s Telefonica operator, Movistar. Movistar’s mobile customers will be able to take of advantage of “Call U.S.” The program will give Movistar customers the opportunity to get a U.S. phone number so an unlimited number of calls can be made and received from the U.S. Read More »

Kuss Filtration to add MERLIN software to manufacturing plants in Brazil, China and U.S.

MERLIN Enterprise Edition software will soon be in all Kuss Filtration manufacturing plants in Brazil, China and the U.S. The Industrial Internet of Things software will include 43 licenses, which is in addition to the 10 licenses purchased in June. MERLIN Enterprise Edition is owned by MEMEX Inc., and the company is looking to help Kuss leverage the power of this software. Read More »

Mecanica international trade show coming to Sao Paulo

Mecanica: the 31st annual International Machinery Trade Fair, the largest meeting for the machining an manufacturing industry in Latin America, will be run May 17-21 in the Anhembi Exhibition Pavilion in Sao Paulo. More than 300 companies representing over 1,000 national and international brands are expected to attend the event being organized by Reed Exhibitions Alcantara Machado. Read More »

FedEx offer to buy TNT Express gets OK from Brazil regulators

A FedEx offer to purchase TNT Express recently received approval from Brazil regulator Conselho Administrativo de Defesa Economica (CADE). The European Union and the U.S. recently gave unconditional approval to the offer. “We are very pleased with the unconditional approval from the Brazilian regulatory authority,” FedEx Express President and CEO David Bronczek said.. Read More »