Elo is one of the major domestic debit and credit card brands of Brazil that can be used for online purchases. More than 50 million Elo cards have been issued.
Elo is a pure domestic card brand in Brazil and only allows for transactions in Brazilian Real currency. Elo results from a partnership of three of the largest banks in Brazil: Banco do Brasil, Bradesco and CAIXA. The Elo brand supports credit, debit, and prepaid card transactions. More than 50 million Elo cards have been issued to date. The Elo credit card supports so-called 'installments' that allows the shopper to spread their payments for online purchases over a certain period of time. Cielo, one of the largest merchant acquirers in Brazil, allows ecommerce merchants to accept Elo in their online store. Most of the Brazilian and international Payment Service Providers are connected to Cielo to allow its customer to accept Elo online. Please find below all Payment Service Providers that enable merchants to accept Elo in their webshop.