Established in 1993, Boleto Bancario, also known as simply Boleto, is a product of the Columbia-based EBANX bank. When it was introduced, Boleto Bancario was initially a prepaid voucher that could be paid by cash in any of the local banks or stores supporting the payment method. As of recently, EBANX also developed a mobile app, as well as a possibility to pay the voucher requisites online.
In Brazil, a country with millions of residents, Boleto Bancario is a product bound to be popular because 35% of the residents do not have bank accounts. This gives the reviewed brand 15% of the market share, and on a daily basis, it processes around 50 million financial transactions. The support system of Boleto Bancario is the Federation of Banks of Brazil.
In many ways similar to the bank wire, Boleto is a pre-filled slip with the digit numbers of the transaction that the buyer needs to pay to. The slip is issued only in Brazilian reals.
The list of Boleto’s cons is relatively small and basically boils down to the long time the system takes to process the payment. It can be anywhere between 3 to 4 days. On the other hand, there are plenty of third-party services that compressed this time to 10 minutes or less, making Boleto Bancario a convenient casino deposit method. This leads us to the second downside of the method – it is not suitable for casino withdrawals.
While detached from the bank account, Boleto Bancario will not satisfy requests for chargebacks. On the other hand, it also does not have payment limits, nor does it expose sensitive card information like the security code.
In casinos for depositing
In casinos for withdrawal
Minimum Bank Wire deposit fee
Maximum Bank Wire deposit fee
Minimum Credit card deposit fee
Maximum Credit card deposit fee
Currency conversion fee
Taxa por boleto pago
Existe uma taxa fixa de R$ 0,40 para cada boleto pago. A taxa variável é de 2,40% do valor pago, sendo que no mínimo será R$ 1,90.
Limites: transaction min
Limites: transaction max
Licenciamento anual: não há limite para a quantidade de boletos gerados.