Cielo will lose Exclusivity with Elo Transactions
6/30/2017 -
The Administrative Council for economic Defense (Cade) signed this Wednesday (June 28) deals with the Cielo to put an end to the uniqueness of the company upon receipt of card transactions from the flag link, the banks Bradesco, Banco do Brazil and Caixa Economica Federal. With the signing of a commitment to cessation (TCC), Elo cards may be accepted by acquirers competitors from 31 July. In another deal, Cade made the Cielo give access to their machines to capture all other accreditation bodies
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Consumer Paulistano Is Less Confident
6/29/2017 -
In June, the consumer confidence index (CCI) in the municipality of São Paulo presented fall of 3.3%, to move from 103.5 points in May to 100.1 points in June, the fourth consecutive monthly shrinkage. In comparison with the same period in 2016, there was growth of 2.1%. The data are part of the monthly survey by the Federation of trade in goods, services and tourism of the State of São Paulo (FecomercioSP). The index of Current economic conditions (ICEA) grew 6.6%, passing from 66.4 points in m
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Consumer confidence drops back in June
6/27/2017 -
After growth in may, consumer confidence registered a drop of 1.9 percentage point this month. With that, reached 82.3 points. The reason is the increase in uncertainty due to the political crisis, as he explained the Getulio Vargas Foundation, responsible for the survey.
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Consumer demand for credit Rises 7.2%
6/26/2017 -
The amount of people who sought credit grew 7.2% in May this year compared with the same month last year, according to Serasa Experian Indicator of consumer demand for credit. In relation to April 2017, was hampered by month concentration of holidays, the demand for credit in may advanced 18.6%. With these results, consumer demand for credit has accumulated high 1.0% for the first five months of last year. According to Serasa Experian''s economists, the fall in inflation and the decline in inter
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Visa seals partnership with Vtex and strengthens its presence in e-commerce
5/30/2017 -
The Visa should announce today a partnership with brazilian Vtex, enhancing your presence on e-commerce. The goal is to increase sales conversion and security against fraud and attacks, two crucial points for online retailers. In the sights of the Visa, are more than 2000 e-commerces Vtex global platform, a good impetus for your online trading portfolio that adds 15000 clients.
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Adyen Dutch want to take space of rivals on cards in Brazil
5/18/2017 -
São Paulo – the pure service to process electronic payments turned into a commodity and the companies in the sector will need to show value to your customers if they are to survive, said the Vice Chairman of Dutch Adyen to Latin America, Jean Christian Mies.
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Splitted sales fall 5.5% for mother''s day, says survey
5/16/2017 -
The sales volume of splitted in week preceding mother''s day fell 5.5 percent compared with the equivalent period of last year.
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Sales in physical stores fall on the country and the fastest growing online r...
5/3/2017 -
São Paulo – while sales in physical stores recorded fall in March, Commerce recorded an increase of 36.2% in comparison with the same period last year, shows the report '' SpendingPulse "published by banner of Mastercard cards.
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American Express''s net income of $1.2 bi in Q1
4/20/2017 -
American Express reported a 13% drop in net income for the first quarter, to $1.2 billion, up from $1.4 billion in the same period last year. The results of the first quarter of 2016 included some previously discontinued cobranding partnerships, such as with the Costco.
Diluted earnings per share were $1.34 in the first quarter of this year, dropping to 8% compared with the profit of $1.45 last year. Analysts expect, on average, a gain of $1.28 per share.
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Retail wants hook FGTS feature, but consumers should be cautious
4/10/2017 -
Retailers caught a ride on the calendar of looting of the dormant accounts of the Fund of guarantee of service (FGTS) and has been offering advantages outside of time to try to catch the consumer. The main attraction is the "parcelinha", with the lengthening of payment periods. But, not to make a bad deal, financial educators point out that workers should not embark on FGTS euphoria at any cost, for future planning.
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New rules for use of the Revolving Card take effect
4/4/2017 -
Enter into force today (03), the new rules for the payment of the credit card. From now on, consumers will not be able to spend more than a month with debts in the Roundhouse. If you pay only the minimum allowed, she must settle or renegotiate the debt next month. Banks are obliged to offer an alternative to installment if consumers fail to pay the remaining amount. The new measures were established to prevent the consumer between the snowball of interest on the revolving, which are the largest
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Money still reigns as a method of payment
3/29/2017 -
Despite the strong technological advancement in the means of payment, the amount of banknotes and coins in circulation continues to grow around the world, according to a survey by the Central Bank. In Brazil, for example, the money in circulation in Brazil
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