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Welcome to the News View for "Brazil".

Here, on these archive pages, you'll find all of the articles on Payments News for Brazil listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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December 03, 2013

Headline News from - December 3, 2013

On Twitter:

On the web:

On the wires:

Updates from Glenbrook:

September 23, 2013

A Look at Brazil’s New Payments Law: Boldly Going Where Few Have Dared to Go Before?

PaymentsViews logo 140pxIn a new article, Glenbrook's Elizabeth McQuerry takes a look at Brazil's new payments law. She writes:

Going forward, Brazil has defined its mobile payments environment and placed parameters around participation as well as what is required of those participants. Yet the legislation extends beyond the mobile payment arena into the larger payments space in also creating a new category of payment institutions. Both mobile payment providers as well as other payment services providers may elect to become payments institutions.
Be sure to read the full article - titled "Brazil’s New Payments Law: Boldly Going Where Few Have Dared to Go Before?" - and add your comments and questions!

August 27, 2013

Headline News from - August 27, 2013

On the web:

On the wires:

Updates from Glenbrook:

June 25, 2013

Headline News from - June 25, 2013

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On the wires:

Upcoming from Glenbrook:

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June 11, 2013

Headline News from - June 11, 2013

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On the wires:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
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May 24, 2013

Mobile Payments In Brazil: The Bill from Ipanema

PaymentsViews logo 140pxOver on, Glenbrook's Elizabeth McQuerry writes about her recent visit to Brazil in her post "The Bill from Ipanema: A Foundation for Brazilian Mobile Payments".

I’m just back from a trip to Brazil and while I was there, the government introduced long-awaited legislation on mobile payments. This is an important task as Brazil now has 265 million mobile subscribers – more than 1 per inhabitant. Needless to say, the machinations of politics kicked off immediately and there will undoubtedly be many amendments before the bills passes through Congress. Nevertheless, the core legislation presented by the government is worth noting.
If you're interested in mobile payments, be sure to check out Elizabeth's post!

February 01, 2013

October 09, 2012

World Payments Report 2012

Rbs logo 140x60pxDebit cards continue to gain global market share from credit cards, and the use of electronic and mobile payments continues to show exponential growth concludes the World Payments Report 2012 released by Capgemini, RBS, and Efma.

“Debit card transactions continue to take market share from other types of payment methods because they easily allow people to bypass the use of cash,” said Kevin Brown, Global Head, Transaction Services Product, International Banking, RBS. “As more and more consumers move to mobile and other electronic payments, we’ll continue to see the exponential growth of innovative payment solutions.”

The World Payments Report 2012 also highlights that Brazil now the third largest non-cash market in the world after the US and the Eurozone.

August 22, 2012

July 03, 2012

Cielo Acquires Merchant e-Solutions (MeS)

Cielo logo 140pxCielo, the largest merchant acquirer in Brazil, has announced that it has entered into a definitive agreement to acquire Merchant e-Solutions (U.S.) for $670 million.

The advanced technology developed by MeS will provide Cielo with greater process automation (back office), flexibility and agility in developing new products and, consequently, will enable a lower time-to-market for new products and services. In addition, with the acquisition of MeS, Cielo gains a physical presence in Silicon Valley, a hotbed of technological innovation and currently the epicenter of the digital revolution in payments.

May 22, 2012

February 27, 2012

February 15, 2012

November 22, 2011

MasterCard and Telefónica Create Mobile Joint Venture in Brazil

MasterCard logo 140pxMasterCard and Telefónica have announced they are forming a joint venture to offer mobile financial solutions for 65 million Vivo consumers in Brazil. "The initiative will create a mobile wallet allowing consumers to make payments via their mobile phones as well as transfer funds, pay bills and make online purchases."

October 26, 2011

August 17, 2011

June 27, 2011

June 23, 2011

June 02, 2011

May 24, 2011

Cielo Acquires Braspag in Brazil

Cielo logo 140pxCielo, a large merchant acquirer and payment processor in Brazil, has announced that it has acquired Braspag.

Founded in 2005, Braspag is known for innovation and the development of online payment solutions and is the leading company in payment processing for e-commerce in Brazil, with a market share of approximately 65% in its segment. Operating as a gateway, Braspag's platform integrates online stores, financial institution sand acquirers, and is responsible for capturing, routing and managing payment transactions with cards, collection slip sand online debit.

May 17, 2011

May 04, 2011

May 02, 2011

MasterCard Targets Brazil's 75M Unbanked with Reloadable Prepaid Card

MasterCard logo 140pxMasterCard, along with Banco PanAmericano and Rev Worldwide Brazil, have announced availability of Brazil's first reloadable prepaid card. "The PanAmericano MasterCard Prepaid Card is the only general purpose reloadable prepaid card available in Brazil today and does not limit the card's use to specific transactions like existing prepaid products."

February 10, 2011

February 03, 2011

Glenbrook Launches News Series of eCommerce Market Analysis Reports

GP Logo Horizontal 140px Glenbrook is launching a new series of eCommerce Market Analysis Reports designed to help U.S. companies better understand eCommerce markets around the world — why they might be attractive expansion targets, what makes them unique, what payment options are necessary to reach the broadest possible cross-section of online buyers, and which payment providers can help companies enter the market.

Reports are available for purchase now for the following markets: China, Brazil, Mexico, Argentina, and Poland. We're working on others, so let us know if there is a specific market you would like to know more about.

January 10, 2011

January 05, 2011

December 08, 2010

Credicard and Elavon To Form Merchant Acquiring Business in Brazil

Elavon_logo-140px.jpg Citi_logo_140px.png Credicard, a wholly-owned Brazilian subsidiary of Citigroup, and Elavon have announced a binding agreement to establish a joint venture creating a merchant services company that will offer a full suite of payment solutions to the Brazilian marketplace. "The new company will be branded as “Elavon” and will be supported with the launch of a sales force with national coverage, as well as in-market operations, technology and product resources."

April 28, 2010

Bradesco, Banco do Brasil Agree to Launch New Brazilian Card Brand

125px-Flag_of_Brazil.svg.pngBradesco and Banco do Brasil have announced signing a Memorandum of Understanding "regarding the launch of a Brazilian brand and integration of part of their credit cards operations." Specifically, they have entered into a non-binding memorandum of understanding for the preparation of a business model, involving:

  • The integration of part of their card operations;
  • The launch of a Brazilian brand ("Elo") of credit, debit and pre-paid cards for account-holders and non-account-holders;
  • The joint creation of new businesses for private label cards (cards offered to non-account-holder clients through partner merchants);
  • The creation of a company to sell cards to certain determined groups of non-account-holder clients;
  • The transfer of shareholdings retained by both institutions or their subsidiaries in CBSS S.A., for the subsequent creation of a company.

More details in this article and this Reuters story.

November 04, 2009

MasterCard, Credicard, Redecard Launch PayPass in Brazil

MasterCard Worldwide, Credicard, Citibank’s credit card administrator for the Brazilian market, and Redecard have announced the launch of MasterCard PayPass contactless payment technology in Rio de Janeiro for public transportation and other quick service merchants. MasterCard says that PayPass is the first contactless payment product to be introduced for public transportation in Latin America. READ MORE »

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