Description

PagSeguro

PagSeguro is PagBank’s international division which provides various payment solutions in the world of fintech. This company is part of the UOL Group, which is the very leader of Brazilian internet. All of these work together like this: PagBank is the provider of digital accounts, and through PagSeguro they allow merchants and consumers in more than 20 countries to process payments in local currencies. 

PagSeguro is no doubt the biggest payments solution company in Brazil, and besides Brazil, this platform is established in 16 other Latin American countries, and some European countries, including Spain, Portugal, Turkey, Greece, and Romania. The platform offers more than 140 local and innovative payment methods, including cash vouchers, card payment, e-wallets, and bank transfers.

PagSeguro also has a well-established market in the online gaming sector, as it processes local payments for more than 6,000 games, including some of the very famous and often visited gaming sites, like Valve, Garena, EA, Xsolla, Wargaming and so on.

Company Overview

PagSeguro is a financial service and digital payments company founded in 2006 in São Paulo, Brazil. It is a part of Universo Online, and works as a subpart of PagBank. The company primarily offers payment processing software for websites and mobile applications. The company has been stock listed as a public company on the New York Stock Exchange since 2018.

The company has developed quickly and gained many awards in the field of payment methods. So far, during almost 20 years of experience, the company has gained over 250 employees worldwide, over 15 million customers, and over 300 merchants they have partnerships with. 

PagSeguro offers many payment methods for its consumers, including, bank transfers/instant payments, cash vouchers, card payments, and e-wallets. The platform works with companies like Visa, MasterCard, American Express, Elo Card, and the list goes on. 

PagSeguro also focuses on fraud prevention, and over the past 18 years the company has been evolving along with technological developments in order to ensure a safe space for the consumers. The platform uses a tool called Smart Fraud Prevention to stop fraud and guarantee safety while using the platform.

PagSeguro and Online Gaming

PagSeguro has dived into the world of online gaming quite some time ago, and over the years the company has developed many ways to ensure quick and safe payments in the online gaming sector. 

As expected, PagSeguro is the leading payment provider in this segment, as the company offers agility, innovation, and accessibility to consumers for more than 6,000 different games. The numbers are there to speak for themselves, as the company has more than 300 million gamers in Latam, and has a market of $8 billion, with 48% of the gaming revenue coming from mobile gaming.

The Smart Fraud Prevention technology comes in handy in this part of the company’s work as well, as it ensures safe payments for the players and the companies, and makes the money transfers quick and easy. 

Final Thoughts

PagSeguro is, without a doubt, the leading company when it comes to payment solutions in Brazil. With many years of experience, the company was able to reach global audiences and enter the world of online gaming. With innovative solutions, both in the payments and the fraud prevention sector, the company has gained millions of customers and merchants and many keep coming back to the platform. 

PagSeguro is a great example of how a strong base and years of experience can help the company reach new levels and enter new industries. The company’s involvement in the online gaming sector and the numbers behind it show how profitable the industry is, and it helps other companies understand that it is worth trying your luck in the gaming industry.