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Tag: Debit Cards

RIO DE JANEIRO, BRAZIL - The economic toll of the coronavirus pandemic has hit especially hard in Brazil's favelas, but the country's 10 biggest favela communities now have a plan to fight back: they are launching their own bank. Dubbed...
By Alfred Rinaldi, Contributing Reporter RIO DE JANEIRO, BRAZIL - Residents of Brazil making purchases abroad using travelers' checks and pre-paid debit cards have been caught unawares by a surprise hike in the foreign transactions tax IOF. The Imposto sobre...

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