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Paygo is a mobile payment service that allows users in Brazil to pay bills, top-up mobile phones, and make online purchases without the need for a bank account.
- Paygo was founded in 2011 by three Brazilian entrepreneurs: Jou00e3o Pedro Thompson, Pedro Chiamulera, and Tom Canabarro.
- The company has since grown to become one of the leading mobile payment services in Brazil, with over 1 million active users and partnerships with major retailers and service providers.
- In 2020, Paygo was acquired by StoneCo, a Brazilian financial technology company specializing in payment processing and software solutions.
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Paygo Wallet is a digital wallet that allows users to store funds and make online purchases or payments. Users can add funds to their wallet using cash at authorized locations or by transferring funds from a bank account.
Paygo App is a mobile application that allows users to pay bills, top-up mobile phones, and make online purchases using their Paygo Wallet. It also offers features such as transaction history and personalized promotions.
Paygo POS is a payment processing device that allows merchants to accept payments using credit or debit cards, as well as QR codes or NFC technology. It also offers features such as inventory management and sales reporting.
Paygo is a mobile payment service that allows users to pay bills, top-up mobile phones, and make online purchases without the need for a bank account.
Users can add funds to their Paygo Wallet using cash at authorized locations or by transferring funds from a bank account. They can then use the Paygo App to pay bills, top-up mobile phones, and make online purchases using their Paygo Wallet. Paygo also offers a payment processing device called Paygo POS for merchants to accept payments from customers.
Paygo uses industry-standard security measures to protect user information and transactions. Users are also required to verify their identity and provide personal information when signing up for an account. However, like any financial service, there is still a risk of fraud or unauthorized access.
Paygo may charge fees for certain transactions, such as adding funds to the Paygo Wallet or using the Paygo POS device. However, fees vary depending on the type of transaction and the amount involved. Users should review the fee schedule provided by Paygo for more information.
No, Paygo is currently only available for use in Brazil. However, there are other mobile payment services available in other countries that offer similar features and functionality.
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