Elo (card association)

From Wikipedia, the free encyclopedia
Elo
Industry Financial services
Headquarters ,
Brazil
Area served
Brazil
Members over 120 million
Website www .elo .com .br

Elo is a Brazilian national financial services corporation headquartered in Barueri , Sao Paulo , Brazil. Founded in 2011 by a holding company formed by three financial services companies: Banco Bradesco , Banco do Brasil , and Caixa Economica 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 globally on the Discover / Diners Club network. [2]

References [ edit ]

  1. ^ "Comunicado ao Mercado: Bandeira Elo" . 2012-04-17. Archived from the original on 2017-09-07 . Retrieved 2017-12-13 .
  2. ^ Brazil’s Elo Card Makes First Transaction Outside Of Country (pymnts.com)

External links [ edit ]