Allowing Inter, as a super app, to
promote Brazilian entrepreneurs to sell through the largest
marketplace in the world
BELO
HORIZONTE-MG, Brazil , Nov. 29,
2022 /PRNewswire/ -- Inter&Co (NASDAQ: INTR
| B3:INBR32), a leading Brazilian Super App offering a complete
range of services in banking, investments, credit, insurance,
shopping and remittance-related services, announced that it has
joined Amazon's Payment Service Provider (PSP) Program.
The program requires any seller who uses PSP for revenue
collecting to work with an Amazon-approved provider. Inter's
Brazilian clients - who are sellers with Amazon US -will
now be able to receive and send payments directly to
their Inter accounts.
Amazon launched the program in March
2021 as part of its ongoing efforts to be the most
dependable e-commerce marketplace for customers and retailers
around the world. The program aims to enhance the ability to
detect, prevent, and take action against potential bad actors while
protecting customers from fraud and abuse. As of today, the program
currently has 28 providers registered by Amazon worldwide,
including Inter.
Aloisio Matos, Head of
Cross-Border at Inter, commented, "Becoming a certified provider
with Amazon is an important milestone for Inter as we continue
supporting our commitment of making our client's lives easier and
helping them achieve their financial goals. To make this happen, we
have swiftly and successfully implemented significant technical and
security developments. We are excited to see this development as it
brings benefits and peace of mind to our users."
This new feature highlights Inter's strength as a super app and
underscores its commitment to supporting its community by
empowering entrepreneurs in their quest to grow.
"Brazil is among the
fastest-growing countries globally in terms of e-commerce and the
rapid adoption of digital payments, creating a great market
opportunity for Inter. Our presence in both US and Brazil uniquely positions us to serve
Brazilian Amazon sellers with innovation and quality," concluded
Matos.
About Inter&Co
Inter&Co is the holding company of Inter Group and
indirectly holds all of Banco Inter's shares. Inter is a digital
bank that simplifies people's lives, where everything is integrated
into a single app. Inter offers a complete range of services in
banking, investments, credit, insurance, and cross-border services,
in addition to a marketplace that brings together the best
retailers in Brazil and
the United States. Inter&Co is
listed on Nasdaq under the ticker INTR.
Contacts:
Grayling
Lucia
Domville / Fabiane
Goldstein
M +1 646. 824.2856/ +1 945.625.4793
lucia.domville@grayling.com / fabiane.goldstein@grayling.com
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SOURCE Inter