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How to Understand Payment Industry



How to Understand Payment Industry

The payment industry in Brazil is developing in an extremely dynamic environment, which has witnessed significant changes over the last few years. These changes are directly related to the technological evolution of society, and of the payment instruments themselves. Although cash in cash is still the most frequently used mean of payment by the Brazilian population, other means, especially electronic and credit and debit cards, are increasingly used. This new guide, developed by Amcham Brasil and FAS Advogados, describes the current regulations of the payment industry in Brazil, the different types of services that can be offered locally, as well as the legal aspects related to the new technologies applied to this market, such as blockchain and crypto-coins, dealing with aspects of crossborder payment transactions.

 

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