About IMPESA 2017-06-05T15:42:43+00:00


Impesa is an innovator of electronic payment solutions and first non-bank/non-financial institution (NFI) credit card issuer in Costa Rica. Founded in June of 2013, the company launched its flagship product Monibyte, a FinTech SaaS solution, after a year of development.

The company is currently headquartered in Costa Rica where all of its engineering, programming, development, customer service, testing and QA is done in-house. Impesa first did business in affiliation with a bank by issuing a co-branded credit card in Costa Rica, then expanded into Nicaragua, Panama and the Dominican Republic. In Q4 2016, Impesa opened an additional office in Orlando, Florida to focus on global expansion servicing North America and Europe, and in Q1 2017 an office in Stamford, Connecticut.

The company has obtained principal member licenses from both Visa® and MasterCard® and is compliant with all government, banking and card issuer regulations.

Working in conjunction with banks and their commercial customers, and with Visa and/or MasterCard, Impesa’s Monibyte software allows corporate bank business customers to manage and control the way their credit cards are used. The software allows corporations to implement, in real-time, numerous security restrictions, transaction controls and change authorization parameters. Monibyte supplies reporting and data mining which are invaluable for planning and projections, and integrates card transactions with most major ERPs (Enterprise Resource Planning). These features provide the additional benefit of mitigating credit card misuse and fraud. The software can also be used on retail portfolios.

Impesa has innovated and developed technologies such as card integration with satellite positioning systems (GPS) for large local and multinational distribution companies that use the software to manage their fleets.

Impesa products have revolutionized payment methods and expense control for the commercial and retail payments industry. The uniqueness of the payment SaaS engine at the core of Monibyte lies in the wide range of options it offers for each company’s transactions. Monibyte has received a Best Innovation in Retail and Commercial Banking Award, and the company’s founder, CEO and Chairman, Mario Hernández, was the subject of a feature interview at the London Stock Exchange in February 2015.

Impesa was invited to Demo Monibyte at FinovateEurope 2017 and was a Nominee for Innovation Project 2017 powered by PYMNTS.com.