What Is Boleto Bancário?
Introduced to Brazillian markets in 1993, Boleto initially launched to work solely with cash. Today, Boleto is also the leading bank transfer payment method for online and offline payments. Responsible for over 50 million transactions a month, Boleto is the sole payment method available to 35% of Brazillian consumers with no bank account.
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Commerce ChannelE-commerce and in-store
How Does It Work?
Boleto customers preload a barcode registers voucher via cash top where it is scanned in-store or at an ATM.
Online, the customer logs into their bank's website where they enter their Boleto barcode number.
The payment is confirmed.