This company, known as Visanet do Brasil, operates as the sole Visa debit and credit card acquirer in Brazil. It was established in 1995 by Visa International and four Brazilian bank acquirers of Visa credit and debit cards to centralize certain aspects of the operation of the Visa program in the country. The company is headquartered in Barueri, Brazil.Since its founding, it has grown to become the largest Visa debit and credit card acquirer in Brazil, with 720,000 merchants. The company's major shareholders are Banco do Brazil, a major Brazilian bank, and Banco Bradesco, which one of the largest private-sector banks in Brazil.
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