Market coverage 1
- Brazil Real
Boleto Bancário is a popular payment method in Brazil. It is usually used for cash payments or for people who do not have a bank account.
The Boleto is a payment document generated by a bank or financial institution that can be used to pay for goods and services. Payment is made in cash or by bank transfer at a bank branch or affiliated payment house.
The Boleto can be used to pay various bills, including utility bills, telephone bills, taxes, membership fees, school fees and online purchases. The payment document can be printed at home or sent by email and must be paid on time.
When payment is made in cash, the amount due must be paid exactly, without any change. If the amount is higher, a new Boleto must be issued with the correct amount.
The Boleto Bancário is a convenient and secure means of payment for Brazilian consumers who do not have a bank account or who prefer to pay in cash.