Posts Tagged “Braspag”

Braspag

We offer payment solutions that enable the best possible conversion for our clients. We are leaders in Latin America, with direct presence in the region's most important countries and connectivity with the United States through a company in the same group. In Brazil, our clients are the main e-commerce companies, offering innovative, reliable and safe solutions, with the best cost-benefit ratio in the market. We develop solutions for payment processing (Payment Gateways), Reconciliation, Anti-Fraud, Tokenization, Checkout and Hosted payment page. Braspag is a company of the Cielo Group.


Cielo acquires online payment solutions developer Braspag

Cielo, a Brazil-based payment processor, has acquired 100% of the capital stock of online payment solutions developer Braspag - Tecnologia em Pagamento, via one of its subsidiary. Founded in 2005, Braspag is known for innovation and the development of online payment solutions, with a market share of approximately 65% in its segment. Operating as a gateway, Braspag's platform integrates online stores, financial institutions and acquirers, and is responsible for capturing, routing and managing payment transactions with cards, collection slips and online debit. This acquisition is expected to strengthen Cielo's position in the online payment segment in Brazil through a significant presence in yet another link of the e-commerce value chain.


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