According to the recently published statistics on retail payments and cards in Brazil by the Central Bank, in 2023 card transactions reached approximately 108,7 billion operations, corresponding to 624 transactions per capita. The financial amount of these transactions reached R$ 99,7 trillion, what is equivalent to about 9,1 times the GDP. In relation to 2022, these numbers represented a 31% increase in the number of transactions and a 9% increase in the volume transacted
With the payments market growing rapidly, Klok Tech created a platform to promote efficiency and scalability of businesses in different sectors. The solution is the Kear system, a PaaS platform that offers complete management, end to end, for the clients' financial services portfolio, allowing them to focus on their respectivecore business.With a wide range of partners, including some of the largest payment processors in the portfolio, Klok mainly operates in retail, offering its solutions to more than 40 clients in the country, among them are C&A Pay and Vuon Card
According to Renata Cinci, Commercial Head of Klok Tech, the company has plans to expand its partnerships and reach new clients, maintaining the connection with results. The platform was established to promote the efficiency and scalability of businesses, therefore our intention is to expand the portfolio for banks and fintechs, further expanding the partnership with payment processors, in addition to continuing to foster the retail portfolio, explain
Renata emphasizes that the main goal of Klok's partnerships with companies like Vuon Card and C&A Pay is to provide integrative B2B solutions, becoming a facilitator that connects and integrates differentplayersof the market. This promotes a more comprehensive and efficient management of the business,safely, technological and interdependent.”
For Renata, proving the service to large clients such as Vuon Card and C&A Pay has been a significant catalyst for innovation within Klok. The proposals for improvements and developments in our platform are continuous and, as we live in a very dynamic world, with technology it couldn't be any different. Since the founding of Klok, in 2021, "we have evolved the platform a lot and invested 20% of our revenue in innovation", comment
Klok's solutions have helped clients achieve their goals in various ways, since the ease of integration with insurance companies, dental assistance and plans, going through product configuration and business rules, up to complete management (from sales to invoicing), simplifying the daily operational flows
The collaboration with Vuon Card generated significant results: "In addition to supporting them in management and in the expansion of the portfolio as a whole, Klok implemented services such as notification of financial service subscriptions and automatic annual adjustment in the price of insurance and assistance, all of extreme relevance to the efficiency of the operation, explain Renata
In the case of C&A Pay, Klok still offers Kear Web, a responsive website that allows the offering of insurance and assistance to the public who prefer to make purchases using a branded credit card, that is to say, an additional sales and revenue channel. We work with a focus on the ecosystem, end to end, from integration to our client's sales front, finishes Renata
