Why You Should Consider a Fraud Prevention System
Brazil has a number of options for paying for goods and services. These are debit and credit cards (more commonly local and rarely also internationally enabled ones). Bank slips (boleto bancário), gift cards, and bank transfers (DOC, TED). Which are now gradually being replaced by PIX. Payment options are exciting and convenient for users, but […]
PIX payments are taking Brazil by storm
PIX payments are taking Brazil by storm Brazil’s new instant bank transfer system called PIX is Brazil’s new infrastructure for instant payments. Announced on February 19th, 2020 by the Central Bank of Brazil (BCB). It’s likely to replace not only TED and DOC bank transfers, but also eat significantly into the market share of debit […]
Reaching the Unbanked Population in Brazil
How do you reach the unbanked population of Brazil? As we all know from years of seeing sweeping images of Ipanema beach, the vibrant street culture in Salvador, and hearing the soft sounds of samba, Brazil is a unique country in many ways. With a population of over 210 million citizens, Brazil has a thriving […]
Doing Business in Brazil: What you need to know about taxes
Expanding your business into Brazil should be an exciting undertaking, and it definitely will be. As the largest market in Latin America, it’s bound to provide you with hundreds of millions of potential new customers and that’s not something you want to miss out on, right? But if you’re going to start doing business there […]
Credit Cards in Brazil: Local vs. International Cards
In our line of work, cross-border payments processing, we talk a lot about the benefits of accepting local credit cards in LATAM – particularly in countries like Brazil, where only 6.5% of the population has access to international cards. But this begs the question: What is exactly the difference between a local and international card? […]