Ant International secures Payment Institution licence from Central Bank of Brazil

Ant International, a global provider of digital payment and financial technology solutions, has obtained a Payment Institution (PI) licence from the Central Bank of Brazil, the company announced.

The licence will enable Ant International to strengthen its local and cross-border payment capabilities in Brazil, building on services it already offers through Antom, its merchant payment and digitalisation platform. Antom allows merchants to accept PIX, credit cards and a range of alternative payment methods.

Rodrigo Reif, General Manager of Ant International Brazil, said the company is ready to offer more reliable and comprehensive global payment and account services to enterprises, platforms and SMEs in Brazil's digital economy, in collaboration with the country's payments ecosystem and financial services industry.

Ant International provides cross-border payments and account services, embedded credit and treasury services, and other finAI and blockchain solutions to clients across Asia, Europe and the Americas. The company processes over 20 million transactions daily, connecting 2 billion consumer accounts to 150 million global merchants.