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Boleto Bancario

Overview

Is a payment method tailored for international e-merchants, designed to make it easy for them to receive money from Brazilian customers. The Boleto Bancario credit transfer service enables customers in Brazil to make online purchases via Avangate and pay offline at any Brazilian post office, bank branch or through Internet banking.

Available to all Brazilians who own a bank account, Boleto Bancario has grown to a market share of approximately 25% in Brazil.

Requirements

Shoppers need to provide their CPF (Fiscal Number) in order to pay through Boleto.

Workflow

  1. When placing the order, shoppers in Brazil can select Boleto Bancario as payment option.
  2. Shoppers will have to provide their CPF (Fiscal Number), which is unique to Brazil, on the next page, and will receive an email confirmation.
  3. In order to complete the order, on the payment confirmation screen, shoppers will need to generate the boleto (banking ticket), by clicking Generate boleto.
  4. Customers need to print the payment slip (Boleto) which contains a bar-coded invoice, and take it to one of the convenient Boleto Bancario locations. Boleto can easily be paid via Internet banking, at ATMs, at any branch of associated banks or at one of more than 13.000 Brazilian lottery agencies. Shoppers can finalize the transaction using cash or any other accepted payment method.

Payment confirmation

Once the order is paid, the payment should be processed by Avangate within three hours. An email containing the product/licensing information will be sent to the email address used by the shopper during the checkout process.