Card Brief: Maestro Debit Program Expands into Brazil

its Maestro on-line point of sale debit program into Brazil. Credicard SA, the principal credit card processor in Brazil, and Maestro Latin America Inc., a subsidiary of MasterCard International, have signed an exclusive acquiring agreement. This agreement will allow Maestro member banks in Brazil to enable their cardholders to pay for their purchases, either in Brazil or around the world, directly with their Maestro debit card.

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