Breaking News
UnDosTres Payment Approval Rates Exceed 80% Following Partnership With Unlimit
Payment approval rates on UnDosTres, a platform for centralizing payments, have risen to industry-leading highs, with over 80% of payments completed. This significant increase in approvals follows a partnership with global fintech Unlimit to facilitate debit and credit card transactions on the Mexican super-app.
For online payments to be approved, they must first go through Unlimit’s robust anti-fraud processes. Unlimit’s Customer Success team, in conjunction with the UnDosTres fraud team, is providing rapid remediation for each declined transaction, thereby bolstering approval rates.
The use of mobile phones for online purchases in Mexico is becoming increasingly common. According to figures from the “Global Digital Payment Index,” mobile phone payments now represent 16.1% of all online transactions. Research also reveals that the use of cash in stores has decreased by 23% year on year.
“With more people connected to the internet and familiar with digital processes, there’s a clear opportunity to simplify daily life by concentrating payments in one place,” explains Daniel Espinosa, Head of Payments and Operations at UnDosTres.
“Unlimit offers a comprehensive payment solution with high-security standards, a high approval rate, and very competitive rates. We are ready to support the expansion of UnDosTres in Mexico by helping them reach new users and facilitating the use of various local payment methods,” highlights Arturo Ruiz, Commercial Director of Unlimit in Mexico.
A Mexican super-app in the vein of WeChat, UnDosTres’ mobile app facilitates quick and simple payments for a wide range of services, including bills, bus passes, movie tickets, and gift cards. To use the app, users simply select the desired payment category and choose their payment option. Transactions are completed immediately, with confirmation sent in less than 30 seconds.
People In This Post
- Lüt Announces Strategic Partnership with Safe Harbor to Expand Access to Compliant Closed-Loop Payments for Cannabis and Specialty Merchants Read more
- Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN) Read more
- OneDome Raises $25M Pre-Series C, Bringing Total Funding to $40M Read more
- intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency Read more
- Axiology Secures €5 Million Seed Funding to Accelerate the Modernisation of Europe’s Capital Markets Read more
intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency
intelliflo and Söderberg & Partners today announced a new strategic partnership designed to deliver greater efficiency, smarter workflows and an enhanced technology experience for financial advice firms.
APEXX Global Announces $10 Million Investment from Finch Capital to Accelerate Global Growth
APEXX Global, the leading merchant-centric Payment Orchestration Platform, today announced a strategic investment of up to $10 million USD led by Finch Capital, a European growth investor with deep expertise in payments and scaling financial technology players internationally.
Clearwater Analytics and TreasurySpring Announce Platform Integration for Fixed-Term Cash Management
Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management and TreasurySpring, the global cash investment platform, today announced an integration that connects CWAN’s investment management platform directly with over 1,000 cash investment products from TreasurySpring, helping institutional clients manage surplus cash with defined maturity requirements.
Eltropy Enters 2026 With Record Growth and Expanding Momentum
Eltropy, the leading agentic AI-powered conversations platform for community financial institutions (CFIs), closed 2025 with record growth across key business metrics, positioning the company for continued expansion in 2026. The company's unified platform approach helped CFIs consolidate vendor relationships while improving member engagement and operational efficiency.
ING: AI Will Redefine Banking Careers
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
ANZ Launches Agentic AI-Powered CRM to Transform Business Banking
ANZ is investing in its business banking experience by deploying Salesforce's Agentforce 360 platform within its new CRM tool
Bain & Company Acquires JJC Fintech to Enhance CLM, KYC, and AML Offerings for Financial Services Clients
Bain & Company announced the acquisition of JJC FinTech, a London-based boutique financial services consulting and technology firm with deep industry experience in CLM and Anti-Financial Crime.
Lüt Announces Strategic Partnership with Safe Harbor to Expand Access to Compliant Closed-Loop Payments for Cannabis and Specialty Merchants
Lüt, a new financial ecosystem built for accessibility, reliability and growth with a first-of-its-kind closed-loop digital payments platform for cannabis and other high-risk industries, has announced its new partnership with leading financial services provider Safe Harbor to address one of the cannabis industry’s most persistent challenges: compliant and reliable payments. Through the collaboration, Lüt becomes a Safe Harbor Advantage Partner in closed-loop payment, expanding access to compliant, guaranteed-funds digital payments for cannabis and specialty merchants.
Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN)
Figure is expanding investor access to the On-Chain Public Equity Network (OPEN) through new integrations with moomoo and Keplr, extending the distribution of blockchain-native public equities across both regulated brokerage platforms and self-custody wallets. OPEN allows companies to issue their equity native on blockchain and enables investors worldwide to invest in U.S. public equities while accessing decentralized finance (DeFi) for borrowing against and lending out stock.
OneDome Raises $25M Pre-Series C, Bringing Total Funding to $40M
OneDome, the UK-based housing and fintech platform, has raised $25 million in a Pre-Series C funding round, taking total funding raised to date to $40 million.
intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency
intelliflo and Söderberg & Partners today announced a new strategic partnership designed to deliver greater efficiency, smarter workflows and an enhanced technology experience for financial advice firms.
Axiology Secures €5 Million Seed Funding to Accelerate the Modernisation of Europe’s Capital Markets
Uniting Europe’s capital markets by consolidating issuance, custody, trading, and settlement of securities into a regulated system built on DLT.
ComplyAdvantage Fintea Chats: Lucy Heavens on Compliance, Technology and the Future
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Chargebase Launches to Help Merchants Cut Chargebacks and Give Easy Access to Verifi and Ethoca Alerts
Chargebase, a new chargeback-prevention platform built for high-growth e-commerce and SaaS businesses, today announces its official launch. Designed to solve an expensive and existential problem for merchants – chargebacks – Chargebase gives companies instant access to Verifi and Ethoca alerts in a single, easy-to-use platform with automated workflows and transparent pricing.