4 ms·
Regardless of this story, I find it very cool that in Brazil you can just setup your own credit card company. Are there many regional CC networks like yours in
by IsaacL 14y ago
Regardless of this story, I find it very cool that in Brazil you can just setup your own credit card company. Are there many regional CC networks like yours in Brazil? How did you get the idea?
- eduardordm 14y agoCredit card company is generic term. In our case we are a PAT (we provide employees benefits). We never "touch" the money, your employer is, indirectly, who pays the merchants. We cannot provide loans (credit). For that, we need a lot of cash (FDIC insurances, etc)
- ciupicri 14y agoSo what you're providing is similar to meal tickets or coupons?
- vshade 14y agoYes.
- fffggg 14y agoFDIC? In Brazil?
- ricardobeat 14y agoIt's called FGC here (credit guarantee fund), he was just using familiar terms.