Boleto Bancário is a Brazilian company that offers payment methods, such as Boleto Fácil and Boleto Direto. It’s been in operation since 2000, and came out with the billing platform Boleto Fácil in 2014. That year the company also merged with one of the largest payment groups in the industry, Ebanx and Polvo Digital. Their services are regulated by FEBRABAN (Federação Brasileira de Bancos or Brazilian Federation of Banks). Below is a full overview of its products and services. T&C's apply to all bonus offers on this site. Click for a list of all banking methods.
How It Works?
Both Boleto Direto and Boleto Fácil can be used by any authorized party in Brazil. This includes post offices, banks and online merchants. Their aim is to help private individuals and companies send and receive payments using a payment slip, online or on paper.
Register and verify your account by sending the required copies of documents, which vary depending if you do it as a physical or legal person. For the seller, it doesn’t matter where the payment is made from as Boleto Bancário will take care of the rest.
As a registered member, you can issue the Boleto Fácil ticket online and send it to a customer, who then pays the bill. The money is then transferred by the company from the customer’s bank to your account. This can include any fees or charges for payments over the due date.
Likewise, this system can also be integrated into e-commerce or gaming websites. Customers don’t need to have an account with Boleto Bancário to pay for the ticket, which is usually processed instantly.
Boleto Bancário services are regulated by FEBRABAN, short for Brazilian Federation of Banks, BACEN (Central Bank of Brazil) and by local banks. Given the way the system is built, usually, the service or goods are delivered after the ticket has been validated, to avoid fraud.
When making purchases online using their API, the website is encrypted and the company promises not to share any of the personal information with the seller.
In addition to the costs that apply to businesses, Boleto Bancário also charges the end users 2.5% of the amount received, or a minimum of R$2.50. A one-off service fee for withdrawals of R$ 4,90 applies to registered members, only. These should be the lowest market rates.
You’ll find Boleto Bancário services with brands like HDI Seguros, SulAmérica, ContaAzul, Prata Fina and Booking.com, as well as select online gaming sites.
Boleto Bancário is a company behind Brazilian alternative payment services known as Boleto Fácil and Boleto Direto. They offer convenient ticket-based way of payment and receiving money, for both individuals and companies, and are regulated by FEBRABAN and BACEN.
Click here to visit Boleto Bancario website.
Posted by CCJ Team