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Elo
Elo is a Brazilian payment card network that offers credit, debit, and prepaid cards to consumers. Launched in 2011, Elo has quickly grown to become one of the leading domestic payment systems in Brazil, competing with international brands like Visa and Mastercard. The cards are accepted across a wide range of merchants within Brazil and in select international locations through partnerships with networks like Discover.
Elo cards cater to various financial needs, providing flexible payment options and financial products for individuals and businesses. They are widely used for both online and in-store transactions, offering convenience and security for users. In addition to standard payment functionalities, Elo offers cardholders benefits such as travel insurance, fraud protection, and exclusive discounts with participating merchants.
Elo continues to expand its presence in the payment landscape, offering Brazilians a homegrown alternative that competes with global players while catering to local market needs.
Elo
Features
Payment type | Cards |
---|---|
Merchant locations |
South America Brazil |
Currencies |
Settlement currency : BRL Processing Currency : BRL |
Other |
Refunds : ✔️ Partial refunds : ✔️ 3D Secure : ✔️ Chargebacks : ✔️ Local entity required : ✔️ |