PagosBancarios
What is it?
PagosBancarios is the perfect online payment solution for merchants who have the need to accept Boleto payments from consumers in Brazil and Panama. Brazil is the largest national economy in Latin America and the world’s eight largest economy with more than 191 million people, while Panama has the fastest growing economy and the largest per capita consumer in Central America.
More than 20% of all eCommerce payments in Brazil are made using the preferred Boleto system, because the consumer has the option to pay in their local currency via their own bank account or in person with cash, and no credit card is needed which is an added benefit for merchants who restrict purchases with non- US payment cards, as they can now accept payments that are guaranteed by banks.
How does it work?
PagosBancarios is a safe, convenient and proven payment method whereby the consumer at checkout receives a pre-filled out Boleto bank slip and authorizes the payment directly via their bank account, or alternately they can visit any bank branch and present the Boleto slip and make the payment with cash. By adding PagosBancarios, merchants will not only benefit from extending their reach, but also from knowing that the payment is guaranteed with no risk of chargebacks.
2000Charge provides the PagosBancarios service with complete access to secure admin pages with detailed reports, and PagosBancarios is easily integrated into your website together with your other payment options.
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