More payment methods

TED

Streamlining Real-Time Electronic Payments

TED, which stands for Transferência Eletrônica Disponível, is an electronic payment method used in Brazil to facilitate real-time fund transfers between different bank accounts. It offers users a quick and secure way to transfer money, allowing for immediate availability of funds for recipients.

% of coverage
  • Country

    Brazil

  • Population

    213 million (as of 2023)

  • Number of Mobile Phone Users

    Over 100 million

  • Popular payment methods

    TED, DOC, credit and debit cards

% of coverage
  • TED

    30%

  • Credit/Debit Cards

    50%

  • Bank Transfers

    15%

  • Cash payments

    5%

Payment Method Overview
  • Type:Real-Time Electronic Fund Transfer Solution
  • Currency:Brazilian Real (BRL)
  • Refunds:Subject to the refund policies of partnering financial institutions
  • Chargebacks:Possible through collaborating banks, subject to terms and conditions

About payment system

TED is designed to provide users with a reliable method for transferring funds in real-time between different banks. Users can initiate TED transfers through their banks’ online or mobile banking platforms. This method eliminates the waiting time usually associated with interbank transfers, making it ideal for time-sensitive transactions.

With TED, users can send funds to individuals, businesses, or service providers with a few clicks. The sender specifies the recipient’s bank account details, and the funds are instantly transferred to the recipient’s account, ensuring immediate availability.

The significance of TED lies in its role in enhancing the efficiency of interbank transactions in Brazil. By offering a real-time transfer solution, TED reduces the delays and complexities associated with traditional methods, making it particularly valuable for urgent payments or business transactions.

TED’s commitment to security and user convenience is evident in its secure authentication processes, encryption protocols, and user-friendly interface provided by banks. As TED continues to be adopted by more banks and users, it contributes to reshaping Brazil’s payment landscape, offering individuals and businesses an efficient and seamless way to transfer funds in real-time.

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Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

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