Boleto

Enabling Card-Free Online Payments with Trusted Slips in Brazil
Boleto Bancário, often called simply Boleto, is a widely used Brazilian payment method that allows consumers to pay for purchases using a printed or digital payment slip. These slips can be paid at banks, ATMs, lottery retailers, or through online banking. Boleto provides a secure, accessible option for those who prefer or rely on cash or do not have access to credit cards.
Country:
Brazil
Population (of the Brazil)
217 million (estimated)
Number of Internet users
188 million (estimated)
Popular payment methods
Pix (instant payments), Credit Cards, Debit Cards, Digital Wallets, Cash​
Credit Card
0%
Debit Card
0%
Instant Payments (Pix)
0%
E-Wallets
0%
Cash Payments
0%
Bank Transfers
0%

Type:

Payment Slip System

Total Customers:

> 120 million (estimated)

Currency:

Brazilian Real (BRL)

Money transfer volume:

> 400 million transactions annually (estimated)

Coverage:

20% of Brazil's payment market

Refunds:

No

Chargebacks:

No

Type:

Payment Slip System

Total Customers:

> 120 million (estimated)

Currency:

Brazilian Real (BRL)

Money transfer volume:

> 400 million transactions annually (estimated)

Coverage:

20% of Brazil's payment market

Refunds:

No

Chargebacks:

No

About payment system

Boleto has become an essential component of Brazil’s e-commerce environment, offering a widely accepted payment method that doesn’t rely on credit cards. When selecting Boleto at checkout, customers receive a payment slip containing a barcode. This slip can be printed or accessed digitally and used to finalize the payment through multiple channels. Consumers have several options for paying the Boleto, including bank branches, ATMs, and internet banking, as long as it's completed before the slip’s expiration date. After the payment is made, the transaction is confirmed, and the merchant is notified to proceed with order fulfillment. Boleto is especially valuable for individuals without credit cards or those who prefer paying with cash-based methods, serving a large segment of Brazil’s population. The widespread use of Boleto highlights the importance of offering flexible payment solutions that align with consumers’ financial habits and access levels. By enabling cash-friendly online transactions, Boleto supports the continued growth of e-commerce and promotes greater financial inclusion within Brazil’s digital economy.

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