Elo

Type: Payment Network

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About Elo

Founded	2011
Headquarters	São Paulo, Brazil
Market share	Elo is one of the leading payment brands in Brazil, competing with international networks like Visa and Mastercard.
Major competitors	Visa Mastercard Hipercard American Express
Notable partnerships	Collaboration with major Brazilian banks like Banco do Brasil and Bradesco. Partnerships with e-commerce platforms to enhance payment options. Alliances with technology companies for innovative payment solutions.
Recent developments	Expansion of acceptance points across Brazil. Partnerships with fintech companies to enhance digital payment solutions. Launch of new card products targeting specific consumer segments.
Regulations	Elo operates under Brazilian financial regulations and collaborates with local banks for card issuance.
Security	Unknown
Official website	https://www.elopay.com.br