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ITL strengthen presence in Brazil with long-standing Trading Partner

Innovative Technology have recently revitalised their collaboration with their dedicated Trading Partner (BV20 Ltda.) in the region to bolster their presence in Brazil and several other countries in Latin America. Innovative Technology – a leading provider of cash handling technology, have been in partnership with BV20 Ltda. for a decade and the Brazil-based company are well-known as their official distributor for the region.

Commenting on their long collaboration, ITL’s Sales Director, Mustapha Hadj-Ahmed said, “BV20 Ltda. have a strong reputation of providing clients with the best combination of payment systems in this fast-moving and developing region. For many years they have represented ITL in many sectors including, Vending, Arcade and Amusement. Our relationship is well established and Nelson, who heads up the company, was instrumental in helping Innovative Technology introduce the BV20 bill acceptor into South America when this product was first launched in the region. This compact, light-weight bill acceptor is ideal for amusement and low value vending applications. It’s thanks to his dedication and hard work that our brand is well known in these countries now. Our partner also distributes the BV50 bill acceptor which is designed specifically for 66 mm width bills plus they will be key to supplying the brand new BV30 bill acceptor to both existing and new customers. Not only is the BV30 compact and reliable but also boasts enhanced sensing & security, quick transactions and can be installed for the same price as a coin mech.”

Nelson Ramon Aguilera, Business Owner of BV20 Ltda.commented, “We have been working with Innovative Technology for 10 years now and our business relationship is very strong. We distribute some of their well-established products to customers in Brazil and other areas in Latin America such as Argentina, Chile, Uruguay, Paraguay and Bolivia.  I look forward to working with Mustapha and the rest of the team at ITL to continue to supply their field-proven products to customer in the region and ensure the newly launch BV30 achieves market penetration over the coming years.”

Concluding Mustapha said, “I am proud of this decade in partnership, and I would like to congratulate Nelson and thank him for his commitment over the years – I am sure this relationship will go from strength to strength.”