Brazilian-based PagSeguro, the national leader in online payments, launches a credit card payment solution for mobile phones and tablets

SAO PAULO, May 15, 2013 /PRNewswire/ -- PagSeguro (https://pagseguro.uol.com.br), Brazil's market leader in online payment solutions, has released a m-payment product that enables shoppers and professionals to process credit card transactions using mobile phones and tablets.

The PagSeguro mobile solution enables transactions with a card reader that plugs into a mobile phone or tablet's audio jack. It is the first large-scale mobile payments initiative in Brazil. "PagSeguro has taken a major step forward in mobile solutions," said PagSeguro Director, Ricardo Dortas.

"It allows independent professionals, service providers and small merchants to accept credit cards in an easy way and with no monthly charges or subscription costs.  The solution also allows customers to pay in 12 installments and the seller will receive in one lump sum," he said. Splitting up credit card purchases into several installments is a common practice among Brazilian consumers.

PagSeguro has more than 23 million buyers on the Web, and 300,000-plus merchants. It is part of UOL, Brazil's largest Internet company content and services provider, which covers 70% of Brazil's Internet users every month and reaches more than 6.7 billion monthly page-views.

To use the service, the seller must request the reader in PagSeguro website (https://pagseguro.uol.com.br/) and download the free PagSeguro application from the app store.  The technology is available for both iOS and Android devices. More details at https://pagseguro.uol.com.br/venda-pelo-celular.

Once the card reader is received, the seller plugs the card reader into the audio jack of his mobile phone or tablet, enters the transaction amount and swipes the client's card.

PagSeguro's new m-payment solution allows professionals such as taxi drivers, beauty consultants, personal trainers and dentists to increase revenue by accepting credit cards anywhere at any time, using only their cell phone or tablet.

More information is available on the FAQ's section of PagSeguro's website(https://pagseguro.uol.com.br/atendimento/perguntas_frequentes/categoria/venda-pelo-celular.jhtml).

(Photo: http://photos.prnewswire.com/prnh/20130515/BR14130 )

About PagSeguro

PagSeguro, a UOL company, is an online payments solution that enables anyone to complete transactions or receive payments using credit cards, bank transfers, payment slips or their PagSeguro account balance. UOL is the leading internet services and online content company in Brazil. It provides an extremely safe environment for online transactions. The company also reduces the barriers for online purchases by automating online buying and selling processes, and allows businesses of any sizes to increase their online transactions. For further information please go to https://pagseguro.uol.com.br.

About UOL

UOL (http://www.uol.com.br) is the leading internet services and online content company in Brazil. It reaches more than 6.7 billion monthly page-views, according to Omniture. Its home page receives more than 50 million unique visitors per month. It is a pioneer in the Brazilian Internet industry, offering the widest Portuguese online content and has more than 1,000 news, information, entertainment and service channels. It has the largest online platform of products and services in advertising, mobile services, electronic online payment (PagSeguro), e-commerce (Shopping UOL, TodaOferta), hosting and security services (UOL Host and UOLDIVEO).

Information for the Press

XComunicacao
Cristiana Vieira / Anita Mori
+55 (11) 2898-7495 / 7468
[email protected] 
[email protected]

SOURCE PagSeguro