Brazilian Payment Methods
The majority of credit cards issued in Brazil are unable to make international purchases. Accepting Brazilian domestic credit cards, you will be sure to increase your sales. In addition, with EBANX you can count on local acquiring, and as a result card approval rates rise significantly.
With local acquiring, the credit card approval rate increases significantly and the Brazilian consumer pays an IOF of 0.38%. EBANX partners with the major Brazilian acquirers and accepts all of the card networks available on the market.
EBANX has an agreement with local acquirers which improves the approval rate of recurring charges. This allows for a much better conversion of subscription products and services.
With EBANX, your brand appears in the description on the credit card statement, to improve the payment experience and avoid chargebacks.
The possibility to pay in installments makes various high-priced products and services more available to Brazilians. This way, the total amount is split up into monthly installments that fit into a budget. With EBANX, you can offer interest-free installments to your clients.