Banco Carrefour is the only bank owned by a retailer in the country and one of the largest credit card issuers within the Brazilian market.
Global Payments Inc., a leading worldwide provider of payment technology and software solutions, recently announced that TSYS, its Issuer Solutions business, has signed a multi-year agreement with Banco Carrefour in Brazil. Banco Carrefour is the financial services arm of Carrefour Brasil, the country’s leading supercenter retail chain.
TSYS will provide a range of processing and support services for Banco Carrefour’s credit card and digital accounts, as well as handle their on-us acquiring transactions.
“Our longstanding partnership with TSYS has enabled the delivery of numerous projects — including the successful launch of our digital accounts program in 2020 — that have contributed to the expansion of our payments portfolio. Whether with new financial products, daily discounts or differentiated options for installment purchases, together we have transformed our operation by creating flexible, safe and innovative solutions for our entire payment chain,” said Aydes Marques, Chief Technical Officer, Banco Carrefour.
In addition to the Carrefour and Atacadão Cards, Banco Carrefour – part of Carrefour Brazil Group – has a diverse portfolio of financial products, including loans, insurance and other products. There are more than 700 employees working for the bank and more than 3 thousand service and sales professionals who are part of the financial institution.
Carrefour Brazil operates 489 stores in Brazil, including 100 hypermarket stores under the Carrefour banner, 53 supermarket stores under the Carrefour Bairro and Market banners, 130 proximity stores under the Carrefour Express banner, 206 Cash & Carry stores under the Atacadão banner, as well as 125 pharmacies and 77 gas stations. In 2020, Carrefour Brazil generated gross sales of R$ 74.7 billion and adjusted EBITDA of R$ 5.6 billion.
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