Clip, a digital commerce platform, has partnered with Belvo to expand its credit and automated payment services through PrestaClip in Mexico.

By integrating Belvo’s suite of tools, which include employment data analysis, real-time updates on employment status, and account-to-account (A2A) debit payments, Clip has created a comprehensive infrastructure that caters to both small businesses and large corporations.

Clip offers credit opportunities to individuals who do not have traditional banking histories. Belvo’s employment-data product allows Clip to evaluate an applicant’s job stability and income potential based on their work history, thereby reducing dependency on formal financial records.

The implementation of this technology has resulted in enhanced risk assessments, incorporating factors such as the duration of employment, steady income, and frequency of job changes. These updates enable Clip to maintain accurate credit limits and risk profiles continuously throughout the lifecycle of a loan, from application to post-disbursement monitoring.

Enhancing Partnership with Belvo’s Bank-Debit Product

A key aspect of the collaboration between Clip and Belvo is the bank-debit product, which automates recurring collections, improves cash flow management, and simplifies the user experience. This feature is particularly useful for industries like gyms, insurance, education, and subscription services, where regular monthly payments are essential.

According to data from the companies involved, Belvo processes about two million A2A payment transactions each month, with an annualized total payment volume (TPV) exceeding USD 500 million. This highlights the high demand for efficient collection methods in sectors that traditionally rely on cash or manual transfers.

Clip leverages this capability to enhance its strategic approach across different business sizes and sectors. By automating payments, client companies can reduce collection costs, boost payment success rates, and minimize customer churn, which improves liquidity and operational efficiency.

The integration of Clip and Belvo sets a new standard for financial product design in Mexico by merging technology, data analysis, and scalability to better serve underbanked populations.