Elo (card association)
This article needs additional citations for verification. (June 2019) |
Industry | Financial services |
---|---|
Headquarters | , Brazil |
Area served | Brazil |
Members | over 120 million |
Website | www |
Elo is an Brazilian national financial services corporation headquartered in Barueri, São Paulo, Brazil. Founded in 2011 by a holding company formed by three financial services companies: Banco Bradesco, Banco do Brasil, and Caixa Econômica Federal.[1]
Elo offers financial services, including credit card, debit card, and prepaid card issuing and network processing. The network accepts transactions denominated in Brazilian real. As of March 2019, Elo has issued over 120 million cards. Since 2016, Elo cards have been accepted in the United States on the Discover Card network.[2]
References[]
- ^ "Comunicado ao Mercado: Bandeira Elo". 2012-04-17. Retrieved 2017-12-13.
- ^ Brazil’s Elo Card Makes First Transaction Outside Of Country (pymnts.com)
External links[]
- Elo website (in Portuguese)
Categories:
- Brazilian company stubs
- Companies of Brazil
- Credit cards
- Debit cards
- Credit card issuer associations