Glossary

Boleto bancário

By Wellington Costa 1 min read

Brazilian payment method in which the buyer receives a document with a barcode and pays it later, clearing within business days.

Boleto is an asynchronous payment method. The buyer closes the order, receives the document, and pays whenever they want, within the due date. The sale is only confirmed after the payment clears, which takes business days.

This creates two realities the seller needs to manage. The first is that a boleto issued is not a sale, because a considerable share is simply never paid. The second is that access to the product can only be granted upon confirmation, never upon issuance.

On the upside, boleto is not subject to chargeback, because there is no card to dispute.

Documentation exists so a seller never learns a rule on the day it costs them. Worth reading before you need it.
Wellington CostaGlobal Payments Specialist

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Written by Wellington Costa Global Payments Specialist

Writes about payment infrastructure, checkout conversion and chargeback reduction. Works directly with digital product sellers, affiliates and creators selling to more than 40 countries through Mundpay.