Pagsmile is a international payment facilitador which helps companies who is looking to enter into Latin America.
Brazil is the biggest market in Latin America and many opportunities await to be explored in this market.
Brazil have a population over 209 million and with 45 million people without bank account. Means almost 1/4 of Brazillians still use cash as their main payment method during a purchase.
In this sense Pagsmile developed some unique solutions to improve and make user experience much better when comes to cash payment.
Bellow we separated 3 solution developed in house:
Boleto represent 40% of online sales, is one of the major payment method in Brazil and very popular among the population. The problem of this method is the time of consiliation which takes 2-3 working days to get payment compensated. In this sense Pagsmile developed directly a integration with local banks to make this conciliation time only within 2 hours.
Loterica is a small stores autorized by goverment to make payment of water, eletricity and majority of the boletos. Also is a place where people make purchase of official goverment lotteries. It's extremely popular among the Brazillians and amost every corner in the streets of Brazil have loterica. It's so popular that most of small cities in Brazil relay on those points to make payment intead of the bank. Pagsmile made possible to connect loterica as your point of sales. So end user can generate a order and go loterica to make payment. Compensation within 1 hour.
Deposit / Transfer Express
Deposit & Transfer Express coveres sales online and offline channels. Users have freedom to choose where he has acess and make a deposit or a transfer. After transfer or deposit been made the payment is confirmed within 2 hours.
All these alternatives payment have improve significantly the user experience during process. Which brings the instapayment concept. User no longer need to wait until 2 working days to get their product or service after using cash payment.
Also with Lotopay Merchants are able to increase points of sales for any product and services by given more acessibility to end users. [
For inquiries send us an email: [email protected]