Eternity Law International News PSP license in Brazil

PSP license in Brazil

October 12, 2022

Brazil’s common payment system – SPB – includes firms, processes and others being associated with clearing and payments mechanisms created for processing of monetary operations in foreign currency and similar assets. According to laws of state, SPB also includes payment establishments and schemes for organizing payments. As in any other jurisdiction, a PSP license in Brazil can only be obtained by meeting the requirements set by the local regulatory authorities.

SPB participants who are in charge of clearing are covered by international regulative provisions.

Payment Service Provider license in Brazil

For financial market clients, main criterion is the confidence that they are part of a stable and profitable mechanism, in particular, services offered by SBP parties. Because payments and clearing mechanisms have the status of the main ones for all deals being carried out as part of Brazilian space formation.

As for provisions of law, Central Banking authority – BCB – has the right to provide and maintain a reliable and solid SPB, as well as a space for operation of PSP licenses in Brazil. Additionally, sphere of influence of main banking authorities includes the constant improvement of overall mechanism and bringing it in line with principles of local Council.

BCB is in charge of issuing permission for Payment Service providers in Brazil, supervises and regulates all SPB participants in order to maintain reliable and secure channels for the transmission of monetary mechanisms and manage systemic risk mitigation mechanisms. In addition, the influence of BCB extends to the controlling of two niches for settlements and transactions.

In particular, BCB conducts analysis for deals with derivatives, clearing and payments mechanisms. This’s done in order to implement the following aspects:

  • a sufficient quantity of probable additional collateral and guarantees necessary to cover the default of 2 parts with the most critical risk indicators;
  • sufficiency of liquid funds in order to provide a guarantee of timely repayment of obligations that assume duties of a fiscal nature.


Establishments are connected with SPB as they accept and hold demand deposits. In addition, these establishments open and provide accounts that are used by firms to conduct transactions. Small trading companies that process transactions, deposits, control savings and term accounts also act as such intermediaries.

According to Brazilian laws, a PSP permit that covers next-mentioned operations:

  • issue of payment means;
  • supervision of accounts;
  • acquiring for payment tools;
  • cashing and crediting assets;
  • other transactions being related to payments services fields controlled by BCB.

If you want to offer online payments and gateway services in Brazil, we are ready to support you through the licensing process. Our specialists have been working for many years in the direction of buying businesses and licensing firms in various jurisdictions. We also have a large list of ready-made companies for sale, and we are ready to accompany you at every stage of the transaction until its successful completion. Contact us for details.

You can see our current offers in the categories “Cryptocoins and licensing of cryptocurrency operations”, “Ready-made companies”, “Banks for sale” and “Licenses for sale”.

You could be interested

India Forex License

Forex-activity is exchanging currencies. Concept and essence of FX-market covers worldwide currencies trading area, which is biggest and most active financial market globally. Daily turnover of funds there exceeds $ 5 trillion in total value. This amount is greater than the turnover of each of their national market-spaces in aggregate. Forex-market participants today are big-scaled...

Classification of investment companies in Cyprus

IFD and IFR introduced a new system designed to classify investment firms. This system is based on the activities of such companies, on their size, systemic importance in the overall structure and group partnerships. Therefore, the capital adequacy requirements of CIF will be based on the class of the investment company. The following four categories...

Company registration in Sweden

Sweden remains a consistent global leader in welfare quality due to its high fiscal burden and low levels of corruption. However, this Scandinavian state is not offshore, therefore, it is not advisable to create a company there in order to minimize the tax burden. The Swedish economy is directly dependent on exports – it accounts...

Company registration Anguilla

The cost of registration 1 640.00 EUR The cost of renewal 1 600.00 EUR Number of Directors 1 Corporate tax 0.00% Paid up capital 0.00 Requirements for mandatory reporting No General information about the offshore company in Anguilla Company type – International Business Company (IBC)Timeframe for company registration – from 2 to 3 daysThe Anguilla...

Temporary residence permit in Ukraine

Of the ways of legal residence, many prefer to get a temporary residence permit. It should be issued if you do not have the opportunity to obtain a permanent residence permit. ALGORITHM OF PREPARATION OF DOCUMENTATION FIRST POINT To acquire a temporary view of the place of residence, you must have certain grounds. All of...

Corporate tax in Singapore

Singapore is a singular fusion of West and East. The social infrastructure is influenced by a blend of American, European, and Asian cultures, making it welcoming and alluring to the global business community. Being a former British colony, it has lawful and economic systems similar to those of the US and the UK. Tax Rate...
Fill the blank:


Dreikonigstrasse, 31A, Stockerhof


Baseina street, 7


Grosvenor Gardens, 52


1629 K St. Suite 300 N.W.


Gediminas Avenue, 44A


Kesklinna linnaosa, Tuukri 19


Lochrin Square, 1


Jacovides Tower, 5 floor


Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai


Level 42, Suntec Tower Three, 8 Temasek Boulevard


20 Martin Place


2609 Avenida da Boavista


Revaz Tabukashvili Str., N 45, area N 7