Business & Industry
Ago 1, 2015
Selling to Brazil?
If your company is selling products and services to Brazil and wants to accept electronic payments, it's likely that you might need a payment gateway service. PagBrasil is a local system that lets you collect your payments in Brazilian Real, Dollars or Euros.
PagBrasil is the premier online payment processing service in Brazil designed for international merchants, e-commerce platforms and payment service providers. With PagBrasil you can sell cross border and receive the funds in US Dollars or Euros in your country without having a local company in Brazil (For some payment methods, such as Visa and MasterCard, a Brazilian commercial domicile is required) or you can also sell locally and be paid in Brazilian Real. Gain access to the broadest set of local payment methods, which may immediately multiply your sales within Brazil. PagBrasil are experts in the entire sales and buying process with more than 15 years of online payment processing experience in Brazil.
When given the choice, Brazilians use national payment methods for about 90% of their online purchases. Credit cards issued by local banks are often limited to national purchases in Brazilian Real. Credit card payments with installments are an absolute must in Brazil. "Boleto Bancário" is the leading push payment method for businesses as well as consumers. Online debit card payments and bank proprietary online transfer payment methods are growing in share.
Debit cards are still a novelty for e-commerce in Brazil and have only recently been made available for online payments. Nevertheless, combining card present and online payments, debit card payments represent 35% of all card payments and 50% in terms of number of transactions, having recently been situated slightly above credit cards. By the end of 2013, 64% of all Brazilians over 18 years had a debit card, while 50% had a credit card, which underlines the importance of debit cards in Brazil.
With PagBrasil international merchants can sell cross border into Brazil and receive the funds in US Dollars or Euros in their country. PagBrasil makes sure the transaction complies with Brazilian tax, currency and international money transfer regulations. Exchange rates are transparent and based on the official interbank rates provided by the Brazilian Central Bank. PagBrasil's exchange and settlement processes are certified by the Brazilian Central Bank and tax authorities.
PagBrasil offers easy and flexible solutions for your business, regardless of the e-commerce platform you are using. Integration can be done in a few days including testing. Clients gain access to all payment methods, including national credit cards, debit cards, boleto bancário and online transfer methods, by implementing only one API.