Users
12MElo Credit brings issuer-provided credit to purchases on Brazil's Elo card scheme. Cardholders spend against a credit line and repays under the bank's terms, while participating merchant acceptance and eligible digital-wallet provisioning support physical and mobile purchases.
Use cases:
Channels:
Initiation:
Markets
1TPV
$3.8BTransactions
127MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
Schemes
Compliance
Regulator
Banco Central do Brasil



