Cielo SA (CIEL3.SA)
18 May 2018
R$ -0.05 (-0.29%)
Latest Key Developments (Source: Significant Developments)
Cielo CEO Gouveia Says Larger Brazilian Card Processing Firms Target Higher Profitability, New Firms Look To Gain Market Share
Feb 1 (Reuters) - Cielo Sa
SAO PAULO Cielo SA , Brazil's largest payment processor, said on Thursday it will partner with banks and retailers to sell debit and credit card processing machines instead of renting them, in the face of increasing competition from newcomers.