Brazil
🔝Peruvian fintech Do Payments🇵🇪 seeks to fill a “risk niche” in Latin America Paid Members Public
🔝Peruvian fintech Do Payments🇵🇪 seeks to fill a “risk niche” in Latin America Its new payment solution, Do Pay, is focused on processing payments for sports betting and online gaming. This initiative is a significant step for merchants in the region, where liquidity is often low and settlement times can
💯 Google agrees to host regulated Brazilian🇧🇷betting apps Paid Members Public
💯 Google agrees to host regulated Brazilian🇧🇷betting apps Google Play will offer applications for betting, gambling, and fantasy games. However, operators must have a valid license in Brazil to advertise via Google Ads. ➡️ Background: Betting operators had previously appealed to the Secretariat of Prizes and Betting within Brazil’s Ministry
🎉Brazil🇧🇷: The long-awaited Pix Automático has been launched Paid Members Public
🎉Brazil🇧🇷: The long-awaited Pix Automático has been launched Thanks to this new feature of Brazil’s instant payment system, recurring payments are no longer limited to credit card holders. Now, 60 million Brazilians who don’t use credit cards will also have access to this benefit. ➡️Pix Automático is available
🐒 The Brazilian Senate🇧🇷 approves restrictions on gambling advertising Paid Members Public
🐒 The Brazilian Senate🇧🇷 approves restrictions on gambling advertising What is allowed and what is not? — summary of the provisions included in the bill, which must still be reviewed by the Chamber of Deputies before it comes into effect. ➡️ Not allowed: ⛔️ Gambling advertising during live broadcasts of sporting events. ⛔️ Displaying dynamic
😱 Brazil🇧🇷: Tax hike on betting proposed to offset IOF increase Paid Members Public
😱 Brazil🇧🇷: Tax hike on betting proposed to offset IOF increase The president of the National Bank for Economic and Social Development (BNDES), Aloizio Mercadante, has proposed increasing taxes on betting as a way to offset the negative effects of the rise in the Tax on Financial Operations (IOF). Economic context:
💪 Argentina🇦🇷: the mega fintech MercadoPago applies for a banking license Paid Members Public
💪 Argentina🇦🇷: the mega fintech MercadoPago applies for a banking license The platform announced its intention to “expand the range of services within its 100% digital model” and position itself as “the largest digital bank in the country.” ▶️ What’s driving this move❓ — MercadoPago aims to enter the microcredit market, a
🎉 Brazil 🇧🇷: Neobank Neon launches contactless payments with Google Payusing #Pix Paid Members Public
🎉 Brazil 🇧🇷: Neobank Neon launches contactless payments with Google Payusing #Pix The solution, called Pix by Nearby — the result of a sort of "triple alliance" — works on Android devices with NFC technology. 🫥 First, a bit of context: Brazil’s Central Bank is actively promoting contactless Pix payments… Unsurprisingly, since
Brazil 🇧🇷: Neobank Nubank launches instant Pix payments via Tap-To-Pay Paid Members Public
Brazil 🇧🇷: Neobank Nubank launches instant Pix payments via Tap-To-Pay Tap-To-Pay Pix leverages NFC technology and is available to individual users with Android devices. With this feature, scanning QR codes is no longer necessary. ✅ To use the feature, clients must register their Pix key with Nubank. ✅ Highlights: enables payments via debit