Fiserv has announced partnership with Caixa, a subsidiary of Caixa Economia Federal, which will enable businesses throughout Brazil to have access to acquiring services through Caixa-branded point-of-sale (POS) terminals.
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.
