Transfeera's web platform provides a secure environment and several tools for the Operator to manage and monitor operations, such as: balance, statements, reports and MEDs.
The verification of bank details and Pix keys in real time ensures the accuracy of bettor registration, validating account ownership and providing more efficiency and a better experience in the registration process, while eliminating the chance of improper transactions.
Transfeera specializes in financial solutions for companies and has a payment solution focused on Pix, which can help betting operators in Brazil comply with the sector's regulations. In force since January 1, 2025, Law 14.790/23 is especially relevant in a country that generated around R$24 billion (US$4.1bn) in online gambling and betting transactions between 2023 and 2024.
Pix, Brazil’s instant payment system developed and managed by the Central Bank, has transformed transactions in the country. With over 170 million users and 90% of Brazil’s adult population using the system, Pix is now an essential part of payment processing across a variety of sectors. Transfeera’s solution has essential features for Brazil’s sports betting market, ensuring that operators comply with new regulations that require payments to be processed only through bank accounts registered in the name of individual players.
The product automates compliance processes during bettor onboarding, providing real-time validation of banking information and personal data, such as CPF (Individual Taxpayer Registry), branch and account. It is also possible to make a deposit of cents into the account provided by the user, ensuring that it is ready to transact. These features also ensure that transfers are aligned with regulatory requirements.
In addition, Transfeera allows betting house operators to open multiple accounts, allowing Operators to have the Operational Account and Owner Account structure that the regulations require. The possibility of automating payments and receipts in Pix via platform or API, with competitive rates, allows operators to manage financial transactions more efficiently.
The company also has continuous monitoring of transactions and specific processes for investigating and authorizing refunds for users (through the Special Refund Mechanism, developed by the Central Bank for refunds of payments made via Pix). With ISO 27001 and 27701 certifications and strict internal controls to mitigate fraud risk, the company combines security and efficiency.
"Being a regulated Payment Institution, having a direct connection with the Central Bank via Pix and processing thousands of transactions daily sets us apart from our competitors. We have the capacity and experience in payments, which allows us to offer essential competitive advantages in the regulated environment,” explains Fernando Nunes, CEO and co-founder of Transfeera.
Juan Pablo Jutgla, CEO of PayRetailers, one of the leading payment processors in Latin America and Africa, said: "The sports betting industry in Brazil is poised for significant growth, but operators face pressure to comply with new regulations. As a group, we are able to help operators find the balance between ensuring compliance and maintaining an optimal user experience. We eliminate the hassles of payments, allowing them to focus on innovation and growth.”
Founded in 2017, Transfeera, a PayRetailers group company, is a Payment Institution authorized by the Central Bank specializing in payment solutions for companies. Among the payment methods offered are Pix, boleto with QR Code, credit card and payment link. The company is a direct participant of Pix and has ISO 27001 and 27701 certifications, combining efficiency and security.
Founded in 2017, PayRetailers is a global payment processing solution for secure and efficient transactions in Latin America and Africa. The company is a trusted partner for businesses looking for tailored payment solutions.
With a flexible platform, supported by a direct API and merchant agreements, PayRetailers offers access to over 300 local payment methods, quickly adapting to market demands. Its proprietary technology architecture is highly flexible and scalable, enabling rapid innovation to meet the needs of ever-evolving markets.
Source: GMB
