Elo Debit

pmt_elo_debit

Elo Debit connects a customer's bank balance to retail purchases through Brazil's domestic Elo scheme. Participating issuers set account and card terms, while eligible cards can be added to digital wallets for contactless spending, extending domestic debit use beyond plastic cards.

Use cases:
Initiation:
Users
10M
Markets
1
TPV
$1.4B
Transactions
143M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

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

Standards