Cielo is a traditional Brazilian card acquirer listed on the B3 under CIEL3, offering in-person and online acquiring where local acquirer status and instalment support define market entry, though onboarding requires a Brazilian entity and CNPJ.
Founded in 2006 and headquartered in Sao Paulo, Brazil, Braspag is a leading payment gateway for Brazil and Latin America, part of Cielo. Supporting 30+ local payment methods including cards, Boleto and Pix with a built-in fraud engine, it is core payment infrastructure for entering the Brazilian market.