Redecard
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Redecard

Company nameRedecard S.A
Company typePublic (BM&F Bovespa: RDCD3)
IndustryFinancial services
Founded(1996)
HeadquartersSão Paulo, Brazil
Key peopleJoaquim Francisco de Castro Neto, (CEO)
ProductsPayment systems
Revenue(+) US$ 1.7 billion (2009)
Net income(+) US$ 801.2 Million (2009)
Employees800
ParentItaú Unibanco

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Redecard (BM&F Bovespa: RDCD3) is the second largest Brazilian company responsible for the capture and transmission of transactions on credit cards and debit, only behind Cielo S.A. , the flags MasterCard, RedeShop, MasterCard Electronic, Maestro and Diners Club International and meal vouchers for the flags Sodexho Pass, Ticket Alimentação and VA Smart, in Brazilian territory. It also offers other products and services, increasing the turnover of shops accredited.



It was created in 1996 by Banco Itaú and Unibanco currently Itau Unibanco and Citibank with a MasterCard. In recent years, the Redecard has become a large company of transactions from credit cards and debit cards, offering various products, services and means of capture.

The Redecard has more than 888 thousand electronic terminals (POS) installed.

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Cielo Second-Quarter Profit Rises 26 Percent on Consumer Spending Growth - Bloomberg Tweet this news
Bloomberg--More competition will mean higher costs for Cielo and its smaller competitor -Redecard- SA, Ativa Corretora analyst Laura Lyra Schuch wrote in a note on July ... - Date : Thu, 05 Aug 2010 03:43:31 GMT+00:00
Redecard records good profit - Ukrainian Globalist Tweet this news
Ukrainian Globalist--Credit card operators -Redecard- (the second in the Brazilian market capitalization) reported an increase in profit by 9,1% in the second quarter, ... - Date : Mon, 02 Aug 2010 15:06:00 GMT+00:00
Bovespa Posts Biggest Monthly Gain in a Year as Profits Jump - BusinessWeek Tweet this news
BusinessWeek--Card- payment processor -Redecard- SA rose as credit growth boosted earnings. The index erased an earlier loss as steelmakers Usinas Siderurgicas de Minas ... - Date : Fri, 30 Jul 2010 20:51:25 GMT+00:00
Redecard Q2 earnings rise 9.1%, as volume growth beats cost jump effect - Business News Americas Tweet this news
Business News Americas--Even with costs rising at an impressive clip, Brazilian card acquirer -Redecard- managed to pull off 375mn reais ... - Date : Fri, 30 Jul 2010 16:12:41 GMT+00:00
Brazil's Redecard To Pay $15 Million In Dividends - Wall Street Journal Tweet this news
Wall Street Journal--SAO PAULO (Dow Jones)--The board of Brazilian credit-card networking services provider -Redecard- SA (RDCD3.BR) approved the payment of 26.3 million Brazilian ... - Date : Fri, 18 Jun 2010 11:58:51 GMT+00:00
Brazil's Redecard Forms Partnership With Tribanco - Wall Street Journal Tweet this news
Wall Street Journal--SAO PAULO (Dow Jones)--Brazilian credit-card networking services provider -Redecard- S/A (RDCD3.BR) signed a partnership to provide services for clients of ... - Date : Mon, 21 Jun 2010 13:27:48 GMT+00:00
Esquenta disputa por clientes entre Cielo e Redecard - DCI Tweet this news
DCI--são paulo - Com o fim da exclusividade a partir de 1° de julho, a competição entre a Cielo ea -Redecard- aumentou e começa a guerra de números entre as duas ... - Date : Mon, 05 Jul 2010 02:53:15 GMT+00:00
Brazil's cenbank backs changes in credit card rules - Reuters Tweet this news
Reuters--SA) and -Redecard- SA (RDCD3.SA), drawing complaints of high costs and few choices for merchants and consumers. "It is necessary to have an atmosphere of more ... - Date : Thu, 17 Jun 2010 14:45:39 GMT+00:00
DNPI, MA, ESRX - Top Picks Alert : DecisionPoint Systems, Inc., Mastercard Inc ... - TMCnet Tweet this news
TMCnet---...- in developing markets, with the first launch scheduled in Brazil with Itaú Unibanco and -Redecard-, along with mobile network operator Vivo in Brazil.--- - Date : Thu, 10 Jun 2010 15:02:15 GMT+00:00
Brazil Stocks Decline Early Tracking Worries Abroad - Wall Street Journal Tweet this news
Wall Street Journal--BR) fell 2.8% to BRL17.31 and -Redecard- (RDCD3.BR) was down 2.4% to BRL29.39. Elsewhere, shares of heavyweight telecom Oi (TNE) rose 1.2% to BRL27.22, ... - Date : Fri, 14 May 2010 13:59:19 GMT+00:00

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