With this card, people arriving in Mexico can have up to 5,000 pesos and make operations such as ATM withdrawals and service payments.

The idea of ​​launching this product is to offer instruments to Asian travelers who arrive in Mexico or decide to stay and live in the country. Grupo Domi is dedicated to the logistics, hospitality and entertainment industry.

“We do not bank because we are not a bank, what we want to do is financial inclusion. We are going to give you a little help in generating a credit history, ”explains Francisco Javier Alcalá, CEO of Domi Consulting in an interview.

The company aims to end this 2019 with 2,000 cards placed and reach 5,000 plastics in September 2020. The users of the card will also be able to access additional discounts in places of consumption, entertainment, and hotels of Grupo Domi.

“The idea is that in two years maybe it will no longer be a company as we are but to establish ourselves as Sofom and in 5 years to be a small second-floor bank,” said Alcala.

In the first three months of 2019, Mexico received 5.4 million foreign tourists by air, of which only 3% came from the Asian continent, according to Segob figures. Of this percentage, 183,292 visitors came especially from China (50,065) and Japan (41,008 people).

Domi Consulting is a company created for commercial alliances in Mexico and abroad, mainly in Asia.

The company has subsidiaries dedicated to legal assistance, financial consulting and logistics. In addition, it has strategic alliances with companies such as Broxel, Domi catering (dedicated to restaurant, hotel and entertainment services), Domi Golf (dedicated to sporting events) and Domi Air Services.

The company offers discounts in places like Farms Las Américas, Hertz and Gotcha Las Américas with the new card, however, the plastic cannot make electronic transfers.

“We are working to solve this problem, but DOMI CARD can be used normally at points of sale and ATMs,” they report on their website.

Domi Consulting is part of the Domi Group, dedicated to the logistics, hospitality and entertainment industry with a very clear emphasis on the Asian market.

Faced with this first, Domi Consulting presented a new product to support the financial inclusion of the Asian market in Mexico that will be supported by Broxel, a fintech institution regulated in Mexico.

Mexico and China established diplomatic relations in 1972 and agreed to establish a comprehensive strategic partnership in 2013. China is the second-largest trading partner of Mexico and the third market for its exports, with a total exchange of over 80 billion dollars in 2018.

Thanks to the Domi Consulting service card, the Asian market in Mexico will have a payment method where customers can make transactions in a more efficient way than is carried out today through a checking account.

The service card will provide a key account and the alternative of having medical expenses insurance for possible accidents.

Some examples of the type of operations that may be done with the card are:

Payments in establishments with Master Card membership

Cash withdrawal at more than 12,000 ATMs in the country

Withdrawal in more than 28,000 commercial establishments

Internet shopping in both Mexican and international sites.

Payment of services such as telcel, sky, izzi, water, and gas to name a few.

The director explained that users will also have access to a digital platform of Broxel where they can make operations from their smartphone or computer.

In addition, he said that customers will have access to additional discounts in places of consumption, entertainment, and hotels of Grupo Domi.

“What we want to achieve at the end of the road is to simplify the lives of our customers in order to provide solutions,” said Tony Chang, General Director of Grupo Domi.

Today there is a relationship of 2,500 Asian companies with commercial links in Mexico and more than 1,800 trade operations are closed daily between the Asian continent and our country. It should be noted that in Mexico City alone, there are around 25 thousand inhabitants of the Asian continent living and trying to be part of the country’s productive chain.

Source: expansion.mx, contrareplica, conexion360.mx

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