Vámanos a Latin America

Miami is the undisputed gateway to Latin America. With economic growth and the growing acceptance of non-cash payment options, Latin America offers promise for all players in the credit card value chain, and the electronic payment universe.

However, the importance of due diligence specific to each country cannot be overlooked.

Because the Latin American culture is highly relationship oriented, introductions to the right contacts, by the right business leaders, are critical.

Glenn Goldman, CEO of Capital Access Network Inc., headquartered in Scarsdale, NY, recently offered his conclusions on the opportunities in Latin America in the October 2010 issue of TRANSACTION trends magazine.

Bob Arnold, Attorney at The Victoria Law Group, was quoted in the article.

"Balancing the requirements of U.S. laws with the requirements of local laws, norms, and customs can often be tricky.," said Arnold. "Any company wishing to be successful in Latin America has to get the legal, accounting, and regulatory compliance pieces right."

About Capital Access Network: Capital Access Network is the parent company of AdvanceMe and NewLogic Business Loans Inc.

About The Victoria Law Group: The Victoria Law Group is a full-service, multilingual international business law firm located in the heart of Downtown Miami. The Firm handles matters which disproportionally impact Miami including International Business, Real Estate, Bankruptcy, and Litigation.

About Transaction Trends Magazine: Transaction Trends is the official publication of the Electronic Transactions Association and your best source for thoughtful, in-depth reporting on the electronic payments industry.