SANTO DOMINGO– Banco Popular Dominicano, in partnership with AZUL, a commercial brand of Servicios Digitales Popular, and GCS International, announced the integration of AZUL's payment terminals to operate as banking sub-agents, thereby expanding access to financial services for thousands of users through this payment infrastructure using cards and mobile wallets.
Initially, a total of 300 businesses affiliated with AZUL offer the banking sub-agent service for Banco Popular, which in its first phase of implementation enables them to process credit card payments, loans and services through payment terminals.
In a second stage, other functionalities will be included such as withdrawals, deposits and, later, affiliation with prepaid wallets.
The goal is to extend this initiative to the thousands of businesses affiliated with AZUL throughout the country, thereby increasing opportunities for financial inclusion for the population, especially in areas with less access to traditional bank branches.
Technology by GCS International
The adaptation of AZUL terminals as banking sub-agents is possible thanks to the Mi Punto platform, a technological network of GCS International, a subsidiary of Grupo Popular, which supports each transaction with high security standards.
For its part, this integration with AZUL strengthens Popular's vision of bringing banking to where people are, using technology to create practical solutions that benefit both users and affiliated businesses, which, by becoming sub-agents, receive a greater flow of customers in their stores.
Thousands of businesses form the Popular Sub-Agent network
The Popular Subagent network has been steadily expanding since 2014 and ended 2024 with 2,330 authorized affiliated businesses, representing a 17% increase over 2023, demonstrating its positive reception by customers for conducting their daily financial transactions.
Banking sub-agents are a powerful tool that promotes financial inclusion by bringing basic financial services closer to citizens through the businesses where people regularly shop, building trust in the usefulness of the financial system's products and services and expanding users' financial education.
