PagBrasil Overview
Company Headquarter: Brazil
Founded: 2010
Workforce: ~100
Company Working: PagBrasil is one of the leading Brazilian FinTech company that engages in the processing of payments in Brazil to pay for e-commerce businesses around the globe. Its clientele includes multinational companies selling in Brazil with or without a local subsidiary. PagBrasil provides services such as cross-border transactions and domestic transactions. Its payment methods comprise Boleto Bancário, domestic credit cards (Visa, MasterCard, Diners, Amex, Hipercard, Elo, Aura, and Cabal), credit card payments with installments, recurring and one-click payments, debit cards, online banking transfer, national wire transfer, and cash deposits.
Boleto bancário is a push payment system regulated by the Central Bank of Brazil for enterprises as well as with consumers who don’t own a credit card or just prefer the security of offline or cash payments. The PagBrasil gateway is a back-end service provided by payment processors that facilitate credit card payment transactions by transferring information between online stores and card acquirers.
