Elo, the largest Brazilian credit card brand, has inked a del with Discover to allow acceptance of Elo Global Cards for international purchases and cash access outside of Brazil on the Discover Global Network, which includes Discover Network, Diners Club International and the PULSE network.
The demand for contactless cards is set to grow substantially over the period 2015-2019 in Brazil due to upcoming 2016 Olympic games. Meanwhile, contactless cards became available in the country in 2013 after the launch of the Ourocard card by Banco de Brasil.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Visa do Brasil “Visa Brazil Hair Dye” TV ad.
Amsterdam-based Gemalto has deployed more than one million Optelio contactless EMV cards in a year for Banco Santander Brasil, through Santander Universities.
UK global payments provider Earthport has signed a contract with the United Nations Federal Credit Union. UNFCU offers a broad array of flexible and tailored products, financial solutions and consultative services to help address the unique needs of the UN community globally.
i2c, Inc. and Banco do Brasil Americas have partnered to launch the Banco do Brasil Americas® Multi-Currency prepaid MasterCard® (BBA Prepaid Card). A general purpose reloadable prepaid card, it is ideally suited to meet the financial needs of consumers that travel internationally.
i2c clients Banco do Brasil Americas and SE Giftcards were each awarded a Paybefore Award for their innovative prepaid programs. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for the global prepaid and emerging payments community. The companies use i2c’s global commerce and prepaid processing platform to power their programs. A judging panel comprised of prepaid industry experts selected this year’s winners from a record number of applications. Banco do Brasil Americas won in the “Better Way” category for using prepaid to achieve significant process improvements. The bank’s multi-currency scholarship disbursement card has accelerated funds availability for cardholders and simplified the process of sending and receiving scholarship disbursements globally.
Gemalto digital security announced its UpTeq NFC SIM and AllynisTrusted Services Management (TSM) platform are at the core of Brazil’s first mobile NFC payment program. TIM Brasil, a mobile operator with 70 million subscribers, and Banco Itaú, one of the world’s largest banks, are using Gemalto’s technology to transform smartphones into convenient mobile payment solutions that enable secure, on-the-go transactions by simply waving the handset close to a contactless payment terminal. Gemalto’s TSM platform will enable the secure integration and management of NFC services across the country. Gemalto’s NFC SIM cards and TSM platform greatly simplify and speed up secure mobile transactions, keeping sensitive account data private while providing a value added service that increases customer satisfaction and loyalty for brands and banks.
i2c payment processing and emerging commerce solutions has signed an agreement with Banco do Brasil Americas to provide processing services for reloadable prepaid products. The first collaboration between i2c and Banco do Brasil Americas will be a prepaid card program allowing Brazilian students living in the United States and other countries to receive scholarship benefit disbursements conveniently on a prepaid card. i2c’s global payments platform will enable scholarship providers to load funds to prepaid cards that students can use to make purchases in their local currencies.