UniTeller is pleased to announce its recent acquisition of “Oh My Card!”, a gift card payment platform that has redefined the way Central Americans build loyalty and send gifts to their loved ones.
Since its launch in 2013, OMC has provided a solution on how Corporates remunerate and reward employees, and on how Guatemalans support their loved ones. The OMC multi-brand gift card allows companies to reward their employees through rechargeable and customizable gift cards that are accepted at a large network of retailers in the region.
UniTeller is excited about the synergies that the Oh my Card platform and distribution network will create within its cross-border payment services. We envision solutions that will bring an expanded product portfolio to our remittance customers and business partners.
“The growing demand for P2P cross-border remittance services coincides with the increasing dominance of electronic transactions which will create important synergies with UniTeller.” said Francisco Contreras, CEO of OMC.
“OMC’s products present us with an opportunity to bring another unique element into the equation by offering alternative payment channels” said Oscar Moreno, Head of Global Expansion at UniTeller.
The acquisition of OMC is aligned with UniTeller’s vision to enhance and strengthen its product capabilities to solidify its product portfolio and emerge as a leader in the cross-border payments space.
“At UniTeller, we foresee promising opportunities for growth as we continue to invest in the expansion of our distribution channels and product capabilities. We are committed to making business decisions that facilitate Cross Border Payments not only for Individuals but also for Business around the World. The OMC platform opens a new line of opportunities for UniTeller to enter the commercial and retail payments that can be greatly leveraged for Cross Border Payments” concluded Alberto Guerra, CEO of UniTeller.