• This innovative partnership will lead the digital transformation load chains and global supply chains in a time of need.

• This is the launch of the first program digital payments ecosystem port of the world, first implemented in the Dominican Republic.

• Digitization improve efficiency and help maintain the flow of world trade.

Santo Sunday, May 11, 2020 .- DP World, the leading port operator in the world, has partnered with MasterCard to digitize payment flows of the port ecosystem and accelerate the digital transformation in global load chains and supply, providing support to local economies worldwide.

This program facilitates the access of SMEs and companies to global commerce, drawing on the expertise of DP World as port operator and logistics and technology leader Mastercard digital payments. It was initially launched in the Dominican Republic, in the operation of DP World Caucedo, in partnership with credit cards Banco Popular Dominicano and the payment platform of blue trademark of Digital Services Popular

Later it will be implemented elsewhere in Latin America and later in other global port operations of DP World.

Overall digitization strategy

This innovation in payments will usher in a new phase in the global effort to DP World to accelerate the strategy of existing digitization, maintain trade flows and help businesses cope with the economic challenge that will involve the health crisis in the COVID- 19.

The launch of the digitalization project will allow payment of port cargo owners and small businesses pay their costs associated with freight more efficiently and remotely, facilitating their ability to participate in global trade.

Thanks to this access to financing solutions and logistical payments solves a key challenge for enterprise and SMB customers, eliminating the time lag in activity import and export between goods ordered and delivered for sale.

In addition to better access to credit responsibly, the project will provide cargo owners and business and SME customers a new digital application, which will see them bills and make payments electronic safe on the payment page AZUL, reducing significantly the paperwork for users of the port.

Primicia international

This collaboration is a world first in the industry of transportation. Complements the strategy of business diversification DP World, from the port operator to the facilitator of global trade, extending its core business to play a larger role in the supply chain and allow a range more varied services and capabilities for cargo owners and aggregators demand.

“This partnership is an important boost to the digital transformation of DP World addition. We are delighted that MasterCard has joined us to enrich our experience and contribute to our vision of being a facilitator of global trade smarter. “ Said Morten Johansen, CEO of DP World Caucedo.

“This will help business customers and SME owners and general cargo in the Dominican Republic to gain better access to the global economy and be an engine of economic growth. Our plan is to use the lessons learned from this pilot to expand this partnership to other parts of the world. As for the development of this project we will drive economic development worldwide , “headded.

SMEs account for about 95% of all businesses in Latin America and generate two-thirds of all jobs. However, their participation in world trade as a proportion of the total for Latin America is less than 13%.

“MasterCard is committed to make the digital economy work for everyone, everywhere, especially during this time of crisis, where we are levering our first digital technology to help economies to adjust to the new normal , “ said Gabriel Pascual , Country Manager MasterCard Dominican Republic.

Pilot in Dominican Republic

By the People ‘s Bank Austria Gomez, vice president of the Area Cards expressed satisfaction with this partnership, which“demonstrates the leadership of the People in the local media ecosystem of payments, facilitating companies and SMEs digitizing their port payments through our business cards, constituting an innovation in the market for payments between companies. “

According to December 2019, 84% of Dominican companies doing business with Banco Popular. In addition, last year the indicator of acquiring new business customers of the bank grew by 7%, demonstrating the confidence and loyalty of the Dominican business sector with financial organization.

Meanwhile, Eugene Rault Grullón, General Manager Popular Digital Services, added that “part of this initiative supports our brand commitment to serve BLUE innovative platform that contributes to optimizing the management of payments in the country. Plafatorma our e – commerce application integrated with DP World, is developed with international standards of security and stability that will ensure its success. “

Banco Popular Dominicano and Popular Digital Services are subsidiaries of the Popular Group, a leading financial group in the Dominican Republic.

About DP World

DP World is the leading provider of intelligent logistics solutions, allowing trade flows worldwide. Our wide range of logistics covers a wide range of integrated segments of the supply chain, from marine terminals and ground to sea, logistics and ancillary services, as well as commercial solutions technology driven.

We provide these services through a portfolio that spans more than 150 operations in more than 50 countries on six continents, which gives the company a significant presence in both mature and high growth markets. Wherever it operates, DP World integrates sustainability and responsible corporate citizenship in their activities, striving to make a positive contribution to economies and communities where we live and work.

This contribution is delivered by our dedicated, diverse and professional more than 50,000 employees from more than 120 countries.