December 29, 2020 – Toronto, Ontario – Newt Corporation (“Newt” or the “Company”) is pleased to announce the signing of an initial MOU with ProMass Insurance Company for utilizing Newt’s Digital Kiosks for Insurance sales.
Newt, in conjunction with ProMass Insurance Group, shall incorporate a range of products and functions, including purchasing options, into the functionality of Newt’s Digital SaaS Software Network.
This will provide customers with the ability to purchase insurance by using cash, credit or debit cards directly at the kiosk, and receive assistance programs, avoiding waiting times and enjoying a personalized experience in a contactless and safe environment.
The deployment of Newt kiosks into the ProMass Group network aims to solve existing issues, such as customer traffic, congestion, wait times, and lines. Kiosks will also expand ProMass’s digital locations, as well as supplement existing locations with service payment kiosks.
The kiosks unlock new ways for insurance resellers to support the community and service customers in a more efficient way, and allow them to shop, compare products, do faster research, and finalize customer purchases quicker. It allows the reseller to accept cash or credit cards, as well as provides the ability to make payments, top-ups and deposits for credit services.
Sergio Maya Aleman, CEO of Latin America of Newt Corporation , stated: “Newt is one of the first digital payment companies in Mexico to provide a product that can successfully and seamlessly blend payments and digital product sales with cash loading. We are excited to help the top leader in insurance and assistance programs in the Mexican market, and to take the opportunity to prove that Newt’s kiosks and our SaaS
model can successfully operate in an insurance sales environment.”
About ProMass Group
ProMass Group (Grupo ProMass) is a group of companies with over 25 years of history in Mexico and Latin America, providing commercialization of products and services for mass markets and the unbanked. They currently serve as a leading company in intermediate insurance, assistance, and health, and own companies in the Telecommunications and Technology sectors.
ProMass Group serves large corporations, retail stores and online customers in Mexico and Latin America with its network, having serviced over 10 million people in the last few years.
For more information, visit www. grupopromass.com