A new credit card begins to circulate in Brazil from now on. Aimed at those who do not have a bank account, are microentrepreneurs or have their name inscribed in protection registers, the resource was launched by fintech Asaas – startup focused on the financial market – which developed a complete system of payment management and ticketing for SMEs and small businesses.
The credit card is prepaid and can receive recharges of up to R $ 10,000 per month for the platform itself. It can be used to pay for personal or business purchases and be managed via mobile application. With Mastercard banner, the card is accepted all over Brazil and abroad, does not have a monthly fee for those who move more than R $ 1.2 thousand per month and allows cash withdrawals in the ATM network 24 hours.
Joinville’s Fintech expects to issue approximately 8,500 credit cards by the end of the year. Many of those already in circulation are being used to improve the management of small and medium-sized businesses. According to Asaas CEO and co-founder, Piero Contezini, the idea is for entrepreneurs to associate multiple cards with the company’s account to expedite small expenses.
Someone who has a fleet may, for example, request a card for each vehicle and charge it with the monthly amount to be spent on fuel. “We have a similar case: a user of the nautical platform requested several cards that are with the technicians responsible for the boats, who have the pre-authorization to use the money for the maintenance of the boats,” Piero explains.
Likewise, Piero adds that the cards can help to administer up to the payroll of the employees, who can make withdrawals in cash at any electronic banking terminal.
Each prepaid credit card costs $ 20 to be issued. If the user moves more than R $ 1.2 thousand per month, there is no periodic charge.