Minerva Data (Transferecia Bancaria Local)

Minerva Data is a payment gateway, which offers some of the basic methods. Their main focus is on South America's market and their solutions are designed to meet primarily local needs.

The company has been in business for over a decade now and is very experienced in eCommerce. That said, they are rapidly expanding their operation in different countries, following their unique needs and regulations. Minerva Data has currently secured agreements with 40 different banks, therefore offering merchants a neat selection and ways to expand into other regions. That said, let's take a look at how some of their key payment methods work. T&C's apply to all bonus offers on this site. Click for a list of all banking methods.


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Minerva Data (Transferecia Bancaria Local)

How It Works?

Minerva Data offers various banking options, including regular local bank transfers (Transferencia Bancaria Local), debit cards, a voucher system for their customers in Mexico called Pago en Efectivo, as well as one of the most preferred methods in Brazil, called Boleto Bancario, which is a ticket based system.

Surely, most people already know how local bank transfers work. There's only one aspect to note here, which is that Minerva Data's local bank transfers are allowed in the following countries: Brazil, Argentina, Mexico, Chile, Columbia, Peru and Uruguay.

Next up is Pago en Efectivo, which might as well be the best way to pay since it's completely anonymous. It works as any other voucher based system, where all you have to do is find a store that sells it and get you CIP code that can be used to purchase online.

Brazil's Bolento Bancario is a ticket based system. Just visit a local bank or a retail store and buy the ticket in cash or using your online bank account. It's quite similar to Pago en Efectivo, but you have more options to get your hands on one.

Security

Even though consumers and merchants outside South America may not have heard of Minerva Data before, it seems to be a secure and certified payment gateway to say the least. Even though the company itself isn't keen on sharing much details, it's widely used and has a good reputation.

Banking

All payment options that Minerva Data offers have fees that vary. For example, the voucher and ticket based systems are usually quite costly, although the final price depends on the store where you buy the voucher or the ticket from. Likewise, each local bank transfer has its own fee too. When it comes to merchants, then they get the biggest bill of them all, although Minerva Data's support services are readily included in the price.

Summary

Minerva Data provides the South American market with a network of payment solutions, including various banking options, local bank transfers (Transferencia Bancaria Local), debit cards, a voucher system for Mexican customers called Pago en Efectivo and a ticket based system, Boleto Bancario.

Click here to visit Transferecia Bancaria Local website.

Posted by CCJ Team