Belvo expands its services in Brazil by offering payment initiation capabilities.
Belvo, a leading open banking platform in Latin America, has announced its expansion of services in Brazil by offering payment initiation capabilities. This move is expected to revolutionize the payment industry in Brazil and provide a more streamlined and convenient payment experience for consumers and businesses alike.Belvo's payment initiation service allows users to initiate payments directly from their bank accounts, eliminating the need for third-party payment providers. This service is made possible by Belvo's integration with Brazil's instant payment system, PIX. PIX is a new payment system launched by the