Fidelity National Information Services Inc. said that its processing joint venture in Brazil with Banco Bradesco SA is handling its ELO-branded credit cards.
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In June the venture, Fidelity Processadora e Servicos SA, will also process prepaid cards issued by Cia Brasileira de Solucoes e Servicos under the ELO brand.
"We are proud to team with Banco Bradesco and CBSS on this venture for the new ELO family of cards," Reginaldo Zero, the president of FPS, said in a press release Monday. The cards "will be extremely successful in providing many Brazilians with a new payment method that was previously unavailable to them."
