Sunday, February 25, 2024

New financial product announced in Cuba

Through the Facebook social network, the entity reports that the Classic Card, denominated in dollars (USD), can be used throughout the country’s commercial network where electronic point-of-sale (POS) terminals operate.

According to the source, the product includes unique technical-commercial characteristics compared to other services and will contribute to the national digitalization process.

The Classic Card, he explained, will be valid for the purchase of goods and services in the country in the commercial network, retail and wholesale, with POS, as well as imports and the purchase of fuel in the new network of centers in USD service. .

This financial product, with exclusive use in the territory of Cuba, is aimed at nationals and foreigners, as detailed in Cimex.

The customer can get the card at the selling price of four dollars or in foreign currencies accepted in the country at the current exchange rate.

They can be used in the national Cadeca network, or their preparation can be requested from outside the country through the tocopay.com website and collected at Fincimex offices throughout the national territory, the text added.

According to Cimex, the national and foreign distribution networks will gradually expand.

Another characteristic feature is that the new cards will be issued with no preset amount and no mandatory minimum balance. The client is free to decide the amount to be credited, as the corporation emphasized.

In addition, they can be recharged from abroad through the tocopay.com website or by crediting cash in USD on the Cadeca network (or in foreign currencies accepted in the country at the current exchange rate).

In the special municipality of Isla de la Juventud, they can be purchased and recharged at the Popular Savings Bank, since there are no Cadeca establishments in the territory.

These are non-personalized cards, which offer a high level of security, and for their use in the commercial network, the use of a PIN is required without the need for personal identification of the client, Cimex stated.

The validity of each copy, he added, is for five years after the corresponding issue. Your balance is non-refundable in case of leaving the country, and the money deposited can be withdrawn in Cuban pesos in the Cadeca network and banks.

When shopping with the new Classic Card, customers will get discounts and other incentives, the entity indicated, also emphasizing the guarantees of attention to holders in case of any questions or complaints.

World Nation News Desk
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