[ad_1]
The largest of Brazil payment processorCielo unveiled support for crypto-currencies, including Bitcoin, on its 1.4 million point-of-sale devices nationwide.
The news was unveiled year-round Blockmaster Cryptocurrency conference reports Cointelegraph Brasil.
Users will be able to send cryptographic data to devices via a QR code – they will need an account with Uzzo or Criptohub, Cielo's network partners. Starting in October, the company plans to go further and accept encrypted payments without resorting to a point of sale device.
According to the report, a mobile application, CieloPay, would be used to generate the QR code. L & # 39; application launch on October 14, will allow remote payments via apps such as WhatsApp and online stores.
Cielo President Paulo Caffarelli said his banking partners Banco do Brasil and Bradesco Bradesco were backing the new encrypted payment offer.
Want the best of crypto news right in your inbox? Register to report.
This could be due to the fact that competition to introduce crypto-payment services regardless of the point of sale is increasing in Brazil. Earlier this month, Banco Inter, one of the first Brazilian banks to go digital, announced, on Instagram, that it launches a new mode of payment by card. The system will remove the need for a point-of-sale device and will also allow payment with bitcoin and cryptocurrency.
In Brazil, encrypted payments are ready to become as simple as simple things.
[ad_2]
Source link