Fiserv Begins Operations with Caixa Throughout Brazil
Businesses can now accept card-based payments via Caixa-branded point-of-sale terminals, available at 4,300 Caixa branches
BROOKFIELD, Wis. & SÃO PAULO, August 4, 2021 – Businesses throughout Brazil now have access to acquiring services through Caixa-branded point-of-sale (POS) terminals, “Maquininha Caixa Pagamentos“, as part of an exclusive agreement between Caixa Cartões, a subsidiary of Caixa Economia Federal, and Fiserv, Inc (NASDAQ: FISV), a global leader in payments and financial services technology.
The Caixa-branded terminals are available at all 4,300 Caixa branches. The terminals allow businesses to accept payments via debit or credit card or voucher, as well as proximity payments via card or QR code, such as those made using the Caixa Tem app. Following the first transaction completed using a Caixa terminal July 5, the terminals were made available through a pilot at 174 Caixa branches throughout Brazil.
“The national expansion of our partnership with Caixa underscores the important role Brazil can play in driving the adoption of digital payments in the Latin America region,” said Gustavo Marin, head of Latin America at Fiserv. “Digital payments can bring significant benefits of efficiency, security and ease-of-use to businesses and consumers, and making these benefits available through the expansive Caixa customer base has the potential to transform how people pay in Brazil.”
"We are proud to combine our global expertise in payments with the broad reach of Caixa to offer a solution able to support the development of so many businesses and facilitate the lives of thousands of Brazilians,” said Edson Nassar, head of Brazil at Fiserv. “Since the first transaction completed in Samambaia, in Distrito Federal, on July 5, we have worked rapidly to develop and test the solution, meeting the growing demand for digital payments in the country."
The “Maquininha Caixa Pagamentos” is the new business partner for the Brazilian people, allowing them to sell more and more securely, manage business from their mobile phone, and access credit from anticipated sales. “We are committed to popularizing the early availability of receivables, an important resource for millions of small and medium-sized businesses that can access the value of anticipated sales at a competitive cost,” said Nassar.
In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today – financial services at the speed of life. Learn more at fiserv.com.
Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale solution. Fiserv is a member of the S&P 500® Index and the FORTUNE® 500, and is among FORTUNE World’s Most Admired Companies®. Visit fiserv.com and follow us on social media for more information and the latest company news.
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