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Boleto Rápido
Boleto Rápido is a traditional payment method in Brazil, allowing users to pay bills or purchases via printed slips or barcodes. Over 3.7 billion boletos were issued in 2022, making it a key option for unbanked populations.
Method
Boleto Rápido
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
6M
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
BRL
Authorization
speed
speed
Hours
Recurring
No
No
Reasons for Popularity
Accessibility: Available to all, even without a bank account, and payments can be made at banks, lottery shops, or through online platforms, over 48,000 locations across Brazil
Offline Functionality: Ideal for consumers without regular internet access, as barcodes can be generated offline and paid in cash
Universal Acceptance: Widely used for utilities, subscriptions, taxes, and purchases across e-commerce platforms
