1. GlobeBill-Your Payment Gateway to Brazil
As a kingdom of football and an engine of the world’s
economic growth, Brazil should not be underestimated
in its market potential and economic actual strength.
It is largest country of Latin America with the fifth
population and area of cohabitation in the world. Its
gross domestic product (GDP) also ranked seventh in
the world. In 2011, the country's imports have
amounted to $ 226.3 billion, an increase of 25 percent
compared with 2010. The coming world cup and
summer Olympic will also inject fresh vitality to its economy development. Many
merchants has noticed the golden opportunity and waiting for a chance to invest in the
Brazilian market.
When given the choice, Brazilians use national payment methods for about 90% of
their online purchases. Brazilian credit cards are often limited to national purchases in
Real. Credit card payments with installments are an absolute must in Brazil and
"Boleto Bancá rio" is the leading push payment method for businesses as well as
consumers.
All these payment methods, plus cash deposits, national wire transfer and bank
proprietary payment methods are subject to legal restrictions and are only made
available to Brazilian corporations.
Recently, GlobeBill has officially confirmed its payment solution of the Brazilian
Foreign Trade receivable channel. The strategic relationship between Boleto and
GlobeBill (www.globebill.com) has surfaced.
"To introduce a foreign trade receivable channel which satisfied Brazilian residents
and foreign merchants is always in the developing plan of GlobeBill. Our successful
cooperation with Boleto has cleared the biggest obstacle ahead and the employee’s
co-operation will also put the planning into reality “Wang Yi, Globe Bill’s general
manager said proudly.
Looking at the Brazilian local international payment channel, it provides customized
services to different parts of the merchants in order to allow the tunnel to meet the
needs of different countries and different groups. Consumers can finish their easy
payment through an international payment gateway which inhabited from the
traditional payment process and habitats. Money treasure through the launch of the
service will also be able to get to the reward. In this way, foreign trade merchants, the
Brazilian people and the GlobeBill will finally reach a triangle of win-win result.