PagBrasil makes it easy for Magento merchants to accept Brazilian MOPs

Brazilian payment gateway provider PagBrazil has recently launched a plugin for eBay owned Ecommerce platform Magento to offer merchants support for Brazilian methods of payment.

With Brazil being one of the fastest growing Ecommerce markets, merchants are looking for ways of offering support to the country. However, with a growth rate of 29% in 2013, it can be difficult for merchants outside of Brazil to offer services due to local payment methods.

Brazil hosts a variety of local credit and debit cards such as Cielo and Itau Unibanco, and alternative payment method Boleto Bancario. PagBrazil’s plugin will give Magento merchants the ability to transact with Brazilian customers by using their preferred local payment methods.

“Responding to merchants’ demands, we are proud to announce the launch of the Magento module. It is an additional component of our strategy to provide merchants with the best in market customer experience. The commitment to our clients and an outstanding customer service is one of the major pillars of PagBrasil’s exceptional growth the past years,” stated Ralf Germer, CEO and co-founder of PagBrasil.

The plugin, which is free of charge to install gives Magento merchants control over certain parameters when dealing with the Brazilian market. Some of the parameters include amount of credit card installments, editing of the soft descriptor, Boleto Bancario expiration dates, and editing of messages for Boleto Bancario forms.

Also visit our report on the top 3 Brazilian payment methods for a full understanding of Brazilian online Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term.

SOURCE