Brazilian Real

Barcode-based bank slip that lets consumers (including the unbanked) pay for online purchases in cash at banks, ATMs or convenience stores. Operator: FEBRABAN / Brazilian banks (regulated rail). Est. users: ~tens of millions of users; ~19% of e-commerce payments (2025).

Brazilian digital wallet and neobank used for P2P transfers, bill payment and online and in-store checkout. Operator: PicPay Servicos S.A.. Est. users: ~66 million customers (2025).

Brazil's central-bank-operated instant payment scheme enabling free 24/7 account-to-account transfers and QR-code payments at online and physical checkouts. Operator: Banco Central do Brasil. Est. users: ~170 million users (2025).

Brazil's largest domestic credit/debit/prepaid card network, accepted online and in person. Operator: Elo Servicos S.A. (Banco do Brasil, Bradesco, Caixa). Est. users: >140 million cards issued (2024).

Brazilian digital bank and wallet (PagSeguro group) offering online and in-store payment, accounts and cards. Operator: PagSeguro Internet Instituicao de Pagamento S.A. (PagSeguro Digital). Est. users: ~34 million customers (2025).

Nubank's checkout payment method letting its large customer base pay merchants directly from their Nu account, often in installments. Operator: Nu Pagamentos S.A. (Nubank). Est. users: ~135 million Nubank customers across markets (2025).

Colombian buy-now-pay-later provider offered at online and in-store checkout. Operator: Addi (Adelante Soluciones Financieras S.A.S.). Est. users: ~2.7 million active consumers (2025).

MercadoLibre's pan-Latin-American digital wallet and payment account supporting online checkout, QR payments and money transfers. Operator: Mercado Libre (DeRemate.com de Mexico / MercadoLibre S.R.L.). Est. users: ~78 million monthly active users (Q4 2025).

Hipercard was a Brazilian credit-card scheme owned by Itau Unibanco; from 1 July 2025 it stopped approving transactions and cardholders are being migrated to Mastercard. Operator: Itau Unibanco. Est. users: ~13 million cards issued (now discontinued).

Brazilian retail-backed digital wallet offering cashback and online/in-store payments. Operator: Ame Digital Brasil Ltda. (Americanas group). Est. users: >10,000 users (mainstream; several million, 2024).

Banco Santander is Spain's largest bank and one of the world's top 10 financial institutions by market cap. It serves 160 million customers in Europe, North America, and Latin America.

Itaú Unibanco is Latin America's largest bank by assets, formed from the 2008 merger of Itaú and Unibanco. It offers retail, SME, corporate, and investment banking.

Nubank is Brazil's leading neobank and the world's largest fintech by customers (over 100 million). It offers credit cards, digital accounts, personal loans, and investment products.

Banco Bradesco is Brazil's second-largest private bank, offering retail, commercial, and investment banking as well as insurance through Bradesco Seguros.

Banco do Brasil is Brazil's largest state-owned bank and one of the largest in the country overall, with a focus on agribusiness, retail, and government banking.

BTG Pactual is Brazil's largest investment bank and a leading asset manager in Latin America, offering investment banking, asset and wealth management, and corporate lending.

Caixa Econômica Federal (CEF) is Brazil's government-owned savings bank, the country's primary housing finance institution, and a key distributor of social welfare programs.

Santander Brasil is the Brazilian subsidiary of Banco Santander, one of the country's top five banks, offering retail, SME, and corporate banking.

Banco Safra is a Brazilian private bank focused on corporate and private banking, one of the country's most profitable financial institutions.

Aggregate of remaining banks in Brazil, collectively ~7.0% of domestic banking assets.