Zimpler’s Certification as a Payment Institution in Brazil

Zimpler has recently been recognized by the Brazilian Central Bank, earning the status of a Certified Payment Institution. This milestone is intended to reinforce the local Open Finance ecosystem.

By gaining this certification, Zimpler can now facilitate payments and other resources within the Open Finance network. The company aims to simplify the checkout process and minimize transaction friction by enabling direct transactions without requiring users to redirect to bank applications.

The Brazilian Central Bank has granted authorization to Zimpler, which will not only accelerate its development but also solidify its commitment to the local market. This certification paves the way for improved opportunities in a competitive environment.

Strategic Focus and Compliance

With this new designation, Zimpler plans to continue meeting the evolving needs and preferences of clients and users while prioritizing regulatory compliance. The company’s strategy includes expanding its presence and deepening partnerships across key verticals, all while enhancing customer experience and fostering growth.

According to the official press release, the certification allows Zimpler to operate as an electronic money institution, thereby strengthening the Open Finance ecosystem in Brazil. This move provides businesses with a competitive advantage by leveraging Zimpler’s payment capabilities.

Future Prospects

The opening of Zimpler’s São Paulo office in 2022 marks another significant step in its Brazilian journey. As the company looks to expand its footprint, it is expected to maintain a focus on optimizing customer experience and driving growth within the market.