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Redeban Multicolor is the MasterCard and Maestro processor and leading Electronic Funds Transfer Network in Colombia. Its services include Payment Systems, Franchise relations, Information & Distribution solutions and Business Processing Outsourcing.
Redeban Multicolor is a 100% private company and property of the Colombian Banks. An ISO 9000 and EMV certified company, with more than 19 branches, 149.000 affiliated merchants, 40.000 POS terminals in more than 396 cities.
With more than 20 years of market experience, Redeban Multicolor processes over 400 million transactions per year, 1,4 million of private cards, more than US$13,5 Billion of sales in 2008, and offers a large products portfolio such routing, authorization, clearing & settlement processes, Mobile Banking solutions, Air time Reloading, Public utilities payments, Prepaid, Corporate, Private and Gift cards Systems, Loyalty and Survey programs.
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