Clip Unveils new products, consolidating its position as the #1 platform for all businesses in Mexico

‍

• Instant payments via the Clip Digital Account are the main benefit of joining the financial solutions platform, alongside a new physical card backed by VISA (coming soon). 
• The new Clip Total 2 represents the company's next generation of devices, evolving from its predecessor with enhancements for digital payment processing.

‍Mexico City, August 28, 2024. – Clip has introduced a series of new solutions to its platform, which now boasts over 20 benefits designed to support the growth of all businesses in Mexico. With over a decade in the market, Clip has been a leader and pioneer in digital payments, promoting financial inclusion across the country.

“Clip is Mexico's true story of technological disruption, and these launches reinforce our solidity. With more than 10 years in the market, we have revolutionized the industry by empowering businesses of any size, in any industry, and anywhere in the country to conduct secure transactions through innovative technologies,” said Adolfo Babatz, founder and CEO of Clip.

The Immediate Payment benefit¹ through the Clip Digital Account² was the highlight of this launch, along with the new physical card backed by VISA (coming soon). This fully digital solution ensures immediate liquidity and availability of funds for businesses throughout Mexico. Key differentiators include:

• Immediate Payment: Receive sales revenue immediately, 365 days a year.

• No cost: $0.00 for account opening, management, and physical card requests or shipping. No minimum balances or annual fees.

• Fully digital: Activation in five minutes via the free Clip app—no paperwork or complicated procedures.

• Financial independence: Enables better financial control by separating personal accounts from business accounts.

• Customer-Centric: Personalized customer support available 24/7 across more than 8 channels, primarily via phone and WhatsApp.

• 24/7 cash availability: With the Clip Digital Account physical card, customers can withdraw cash at any ATM and perform interbank transfers.

• Reliable and secure: Authorized and supervised by Mexican regulators³.

The launch also featured the Clip Total 2, the next generation of point-of-sale terminals, featuring several innovations:

• 18% larger and brighter screen: An enhanced visual experience with sharper image quality.

• Long-Lasting battery: Optimized sales experience allowing for all-day transactions thanks to a high-capacity, long-life battery.

• Faster, more efficient OS: Superior performance, security, and efficiency in every transaction.

• 4x more memory: Maximized productivity, processing multiple orders simultaneously.

• Professional camera and barcode scanner: Simplifies business management by creating digital catalogs and scanning products with dual cameras.

• Warranty: This reader comes with an unlimited warranty.

• Award-Winning design: Recipient of the iF DESIGN AWARD 2024, recognized for its lightweight and portable design.

“The instant payment benefit, the Clip Digital Account, and the launch of Clip Total 2 fulfill our mission to 'make ideas happen.' We have listened to our users' needs and innovated with accessible, reliable, and secure solutions to digitize their businesses,” added Juan José Galnares, President of Clip.

These launches reinforce the brand’s value proposition by providing every business in Mexico access to all digital payment methods(payment links, contactless payments, QR code payments, and checkout), world-clñass 24/7 personalized support across more than 8 channels (regardless of weekends or holidays), and three-step activation process that takes less than five minutes. 

“It is essential for Mexicans to have an integrated payment solutions platform that enables them to provide the best service to their customers. Therefore, we will continue to support every business, merchant, and entrepreneur at every step of their digital transformation,” Babatz added.

1 For more information, please refer to the Terms and Conditions available at https://www.clip.mx/terminos 

2 Clip Cuenta digital (Clip Digital Account) is an electronic payment funds account issued and operated by PocketGroup Technologies S.A. de C.V., an Electronic Payment Fund Institution (IFPE), authorized for such purposes since August 2022.

3 Clip Cuenta digital is subject to the supervision of the National Banking and Securities Commission (CNBV), the Bank of Mexico (Banxico), and the National Commission for the Protection and Defense of Financial Services Users (CONDUSEF), within the exercise of their respective powers. This strengthens customer trust regarding the proper management and protection of their resources.

4 The iF DESIGN AWARD is one of the most prestigious design awards in the world. Owned by the non-profit iF Design Foundation, the award highlights the global impact of design and ensures the impartiality of our professional jury, which maintains strict selection criteria. In 2024, the award received more than 10,000 entries from nearly 70 countries worldwide.

About Clip

Clip is the leading digital payment and innovative financial technology platform facilitating business growth across Mexico. The company has offices in Mexico City and Buenos Aires. To learn more about #ElpoderdeClip, visit www.clip.mx.

‍