Banrisul signs agreement with Visa

Thursday, October 6, 2011

Brazil's Rio Grande do Sul state bank Banrisul has added Visa (NYSE: V) as a new card brand, the bank said in a press release.

As a result of the new agreement, Banrisul's Banricompras network will soon begin accepting Visa-branded credit, debit and prepaid cards.

Banricompras has more than 90,000 merchants and operates in Rio Grande do Sul and Santa Catarina states.

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