PagSeguro PagBank Revenue and Competitors

PagSeguro fosters innovative solutions in financial services and means of payment, automating the purchase, sale and wiring process in order to leverage business for any individual or legal entity, in a simple and secure manner. As a company owned by the Folha/UOL Group – the Brazilian internet leader – PagSeguro operates as an issuer, acquirer and offers digital accounts, besides providing complete solutions for online and face-to-face payments (for mobile devices and POS devices). PagSeguro also offers a wide variety of means of payment, such as credit, debit and meal cards, as well as bank wiring, billet payments, account balance check, among others. The company is regulated by the Central Bank of Brazil as an electronic money issuing institution and acquirer, and has partnerships with the main card brands. Its parent company, PagSeguro Digital, is publicly traded in the United States (NYSE: PAGS) and regulated by the SEC (Securities and Exchange Commission).