Company Profile For Companhia Brasileira de Meios de Pagamento

Companhia Brasileira de Meios de Pagamento (VNET3.SA) (Sao Paolo Stock Exchange)
sector: Financials · industry: Consumer Financial Services ·
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Overview

Companhia Brasileira de Meios de Pagamento (VisaNet Brasil) is a Brazil-based company in charge of merchant relations for Visa System affiliates and for all Visa card transactions performed in Brazil. In addition, VisaNet helps other financial institutions and private labels with their electronic transactions by developing and providing monitoring, capture and processing services. Its service range includes travel services, financial services, online services, automatic supply delivery, security services, block card and security code. Through Visa Vale, the Company focuses on delivering meal and grocery-related benefits to company employees. As of December 31, 2008, the Company held shares in CBGS - Proces. Inform. Saude Ltda, Servinet Servicos Ltda and Servirede Servicos SA.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Companhia Brasileira de Meios de Pagamento's total revenue increased 21% to R$2.48B. Net income for the period decreased 4% to R$1.09B. Total revenue reflects improved performance across the Company's activities. Net income was offset by higher general & administrative and personnel expenses as well as loss on other operating results and lower financial income.

Company Address

Companhia Brasileira de Meios de Pagamento
Alameda Grajau 219
Alphaville Barueri
Sao Paulo     06454-050
P: +5511.21847600
F: +5511.21847850

Total Employees

1138

Find Out More About VNET3.SA

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