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By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – With Christmas less than two weeks away and extra cash in shoppers’ pockets thanks to the government-mandated thirteenth salary, Brazilians have been hitting the stores and spending record sums. Yet given...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s card market in 2011 is poised to grow by some 23 percent year-on-year, with payments by credit, debit and store cards set to reach R$667 billion (US$370 billion), according...
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