New Market Research Report: Debit Cards in Brazil
An increasing number of Brazilians adopted debit cards in 2012. This was due to several factors including increasing penetration of debit cards at retail establishments; consumers' growing familiarity with electronic payment instruments; and financial inclusion of low-income consumer groups. Fierce competition among card acquirers and operators contributed to increasing merchant acceptance of debit card payments for low value purchases. As card companies began offering better deals for POS...
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