Hipercard

#Card (credit or debit)

Hipercard is a popular payment method in Brazil. It is a credit card issued by Itaú Unibanco bank, one of the largest banks in the country. The Hipercard is […]

Market coverage 1
  • Brazil
Currencies 1
  • Brazil Real
Description

Hipercard is a popular payment method in Brazil. It is a credit card issued by Itaú Unibanco bank, one of the largest banks in the country.

The Hipercard is widely accepted throughout Brazil, especially in retail stores and supermarkets. It is also used for online purchases and bill payments.

The Hipercard is different from other credit cards in that it combines a credit and debit function. This means that customers can use the card to make purchases on credit or to withdraw cash at ATMs, while being charged directly to their bank account.

Regarding fees, Hipercard charges an annual fee, but it is generally lower than other credit cards. Additionally, the card often offers benefits such as cashback and discounts on purchases at certain partner stores.

It is worth noting that Hipercard is primarily available in Brazil and therefore intended for Brazilian consumers. If you are a non-Brazilian consumer, it is unlikely that you will be able to use this payment method.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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