Payments News » Brazil

PayPal partners with Brazilian bank Itaú Unibanco

August 30 2018

“Digital payments company PayPal Holdings Inc on Wednesday announced a partnership with Brazil’s biggest private lender Itaú Unibanco Holding SA to offer its services to the bank’s card clients.”

Global

Brazil payments processor Cielo struggles against upstarts

October 1 2018

“Brazilian payment processor Cielo SA’s once fat margins have been decimated by rivals who lease or sell credit card terminals to merchants for a fraction of what the market leader has long charged. Now Cielo is fighting back, offering services such as inventory management and market intelligence tools to justify its premium pricing and retain its […]

Global

Allied Wallet Connects Its Platform with 200+ Million in Brazil

October 15 2018

“Allied Wallet is now offering several of the most popular alternative payment options in Brazil, as they are now compatible with Allied Wallet’s digital eWallet services. Allied Wallet is now compatible with Boleto Bancário, Hipercard, Banco do Brasil, AstroPay Card, Santander, Elo, Bradesco, Aura, Cartao MercadoLivre, and Itaú. The average internet user in Brazil spends about $560 USD online […]