Founded in Sao Paulo, Brazil, Cielo is a leading company in electronic payment solutions in Latin America. It is responsible for business concern acquisitions, as well as for the capture, transmission, processing, and settlement of credit and debit card transactions, capturing transactions from the main card brands in the world: Visa, MasterCard, Diners Club International, and JCB (Japan Credit Bureau). The company aims to manage relationships with the entire network of merchants affiliated to the Visa system. 

The Cielo Pay payment management system integrates with Cyberbank, providing the following benefits and features to customers:

QR Code payments and purchases: Merchants can generate a QR code that enables payments using smartphones, by deducting the money from the associated bank account.

Simple transfers: When making transfers, each user uses channels such as WhatsApp or other social networks to notify the operation, sending a link that validates the collection of the payment.

GPS offers: Through the integration with Google Maps, users receive push offers from the merchant through its mobile app, according to their proximity with associated businesses.

Digital Wallet: Each user can access the accounts associated between their bank and their Cielo account to review balances, payments, and transfers made. They can also access their cards in order to pay through their smartphone in a fast and secure way.