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2.1

Banrisul VA/VR cards migrate to Elo open-loop network

Banrisul partners with Elo to issue its meal and food voucher cards on the Elo Voucher open-loop platform, replacing the closed-loop arrangement. This expands the acceptance network for cardholders and shifts Banrisul's processing to Elo's infrastructure. The move is a commercial partnership with no direct macro-market impact.

Valor Econômico1 day agoBRCredibility 41%View source

Score Breakdown

Mosaic Score2.1
Model confidence0.9
Significance0.1
Source credibility0.4

Intelligence Tags

#payments#fintech#brazil#partnership#cards

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