PagSeguro is the international division of PagBank (NYSE: PAGS) and focuses on providing innovative payment solutions. The company automates payments, sales, and wire transfers, aiming to enhance business operations in a simple and secure manner. PagSeguro is part of the UOL Group, a leading entity in the Brazilian internet sector.
The company offers a range of services, acting as an issuer, acquirer, and provider of digital accounts. It facilitates both online and in-person payments in Brazil and extends its services to 16 other Latin American countries, as well as Portugal, Spain, Turkey, Greece, and Romania. Merchants can process over 140 local payment methods and currencies through PagSeguro.
In addition to its extensive payment solutions, PagSeguro provides instant single or mass cross-border payouts to Brazil. The company is particularly prominent in the online gaming sector, processing local payments for more than 6,000 games, including well-known titles from companies such as Valve, Garena, EA, Xsolla, Ubisoft, and Wargaming.