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A pioneering initiative that helps to mitigate bad debt, reduce operating costs of condominiums and offer convenience to residents
 
Superlógica, the leading company in the condominium administration software segment, Mastercard and Global Payments Inc. (NYSE:GPN), the world's leading provider of electronic payment services, have entered into a partnership to offer condominiums the option of charging the condominium fee per through the credit card. 
 
According to studies by Mastercard Advisors and Superlógica, with figures from IBGE and Euromonitor, this market expects to move R$ 61.3 billion in Brazil in 2017, and now benefits from this convenient payment solution.
 
For André Baldini, VP of Sales at Superlógica, the partnership will bring a series of benefits to the administrators who use the solution and also to the unit owners, who will be able to count on the unprecedented possibility in Brazil of paying the condominium with a credit card.
 
“Payment via credit card represents great security for condominiums, which will considerably reduce defaults and also the costs of sending bills. Owners will be able to enjoy all the benefits of making payments with the Mastercard card, such as security, convenience and accumulation of points in the advantages program. It's a partnership that brings benefits to everyone involved”, he says.
 
“Mastercard, putting the consumer at the center of its strategy, offers them simple, safe and intelligent payment options. With this, we collaborate to develop a technology that makes the cardholder create an automatic recurrence in the payment of the condominium fee, generating convenience and avoiding setbacks”, declares Alexandre Brito, Vice President of Acceptance, Retail and New Business development at Mastercard Brasil and Cone Sul, highlighting the company's pioneering role in investing in the condominium administration sector in Brazil.
 
According to Marcia Nogueira de Mello, president of Global Payments in Brazil, "the partnership brings convenience and automates an operational demand for condominium administrators."
 
Condominium administrators using Superlógica's management solution will be able to offer condominium owners the possibility of paying the condominium fee via credit card. To do this, they will make available an interface within the Superlógica system called the Condominium Area, where residents register their credit card data only once in a secure 100% environment. From this registration, subsequent recurring monthly fees are automatically charged.

 

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