Backed by GMoney, the fintech marks a key milestone towards the democratization of financial transactions in the country.

Prexpe will be the first unbanked digital wallet to achieve interoperability in Peru and will allow its users to send and receive immediate transfers to anyone, regardless of the financial institution to which they belong.

In this sense, it is worth mentioning the recent study by Kantar which highlights the growing importance of digital wallets (DB) in the daily lives of Peruvians, with a notable adoption of 76% and a recognition of 96% of their relevance. However, despite this solid support, challenges persist related to the inclusion of independent payment methods in the system to promote financial freedom in the country.

"Prexpe, with the support of GMoney, has just obtained its participant code in the Electronic Clearing House (CCE), an important country milestone. This initiative marks a crucial point for the local financial landscape and in line with the advances promoted by BCRP in this context. This achievement represents a crucial step towards the democratization of fund transfers," said Susan Raczy, Country Manager of Prexpe.

The fintech company reaffirmed its commitment to the vision of open and barrier-free payments through the alliance with GMoney, an electronic money issuing company, which contributes to the interoperability objective established by the Central Reserve Bank of Peru (BCRP), in its Circular No. 0024-2022-BCRP, to accelerate the adoption of digital payments in the country.

"At Prexpe, we are committed to offering innovative solutions that drive financial inclusion and make the lives of our users easier. The interoperability of our digital wallet is a clear example of how we are moving towards that goal," Raczy added.

With this advance, Prexpe is positioned as a leader in the fintech industry by offering the first interoperable unbanked digital wallet in Peru, promoting financial inclusion and the development of the digital payments ecosystem. This milestone directly benefits users, providing them with immediacy and security in their transactions between bank accounts and the main wallets in the country: Yape and Plin.