Cielo S.A.

Cielo S.A. stands as a leading provider of payment services within Brazil, offering a diverse portfolio of solutions to businesses. The company's primary focus encompasses facilitating transactions via credit and debit cards, in addition to supporting various other payment methods. This includes crucial services like onboarding merchants and service providers, managing the rental, installation, and ongoing maintenance of point-of-sale (POS) terminals, and efficiently capturing and processing both electronic and manual transactions. Beyond its core card processing activities, Cielo delivers essential support services, such as system maintenance and cultivating relationships with merchants to ensure broad acceptance of credit and debit cards. The company also broadens its offerings to include data transmission for loading prepaid mobile and transportation credits, alongside a variety of mobile payment options. Further services comprise software development and licensing, electronic transaction processing, and IT solutions for the online management of accounts payable and receivable. It also provides specialized data processing and support to organizations within the medical sector. Established in 1995 and headquartered in Barueri, Brazil, the company was initially known as Companhia Brasileira de Meios de Pagamento before officially rebranding to Cielo S.A. in December 2009.