Ant International receives payment institution licence from Brazil's central bank

The licence lets Ant International expand local and cross-border payment and account services for enterprises, platforms and SMEs in Brazil, working with the country's payments ecosystem and financial industry, according to Brazil general manager Rodrigo Reif. The company processes over 20 million transactions daily, connecting 2 billion consumer accounts to 150 million global merchants. The licence builds on services already offered via Antom, its merchant payment platform enabling acceptance of PIX, credit cards and alternative payment methods, and will strengthen local and cross-border payment capabilities in Brazil.

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• Brazil
• Payments
• Central Bank