Even as Brazil's e-commerce market has grown into the tens of billions of dollars annually, major banks have remained a gateway to retail finance. Bradesco is a traditional powerhouse built on retail banking and insurance for working- and middle-class customers, with a wide base of account holders nationwide. For this customer group, a payment approved on their own bank's login screen earns more trust than entering a card number or using an unfamiliar app.

It is a fitting option for industries where a sense of reliability matters, such as insurance, healthcare, and lifestyle services, and for merchants with many customers who prefer to pay from an account balance regardless of card limits. Since Bradesco alone only covers its own customers, we recommend combining it with Pix and other bank buttons to cover the full range of account-based payments.

A consumer who taps the Bradesco button at checkout is taken to the Bradesco internet banking authentication screen, logs in, confirms the pre-filled transfer, and approves it. Payment completion is notified to the merchant immediately upon approval, allowing the order to be confirmed right away. Hecto Financial receives the payment proceeds in BRL and, after conversion, settles the Korean merchant in whichever currency is specified in the contract among USD, KRW, or JPY.

Through Hecto Financial integration, Korean merchants can consider this bank button without a direct contract with Bradesco. Since it is limited to that bank's own customers, it is most effective to design its adoption alongside other bank buttons and Pix during consultation.

• Business registration country

  Confirm whether a contract is possible based on a Korean business entity

• Sales channels

  The integration method and priority vary depending on your online sales channel mix, such as your own store, open marketplaces, or mobile apps

• Product categories handled

  You need to check in advance whether your category falls under an industry restricted by Bradesco's merchant policy

• Local regulatory compliance

  You need to confirm compliance with Brazil's payment and foreign exchange regulations (see official sources below)

Proceeds from Bradesco transfers are received in BRL and, after conversion, paid out in whichever currency specified in the contract among USD, KRW, or JPY, with the payment cycle following contract terms. Refunds are made as a return remittance to the consumer's account, and you should have refund intake and processing procedures ready that account for requests made within Brazil's Consumer Protection Code (CDC) 7-day right-of-withdrawal period.

• Banco Central do Brasil (Central Bank of Brazil)Official information on Brazil's payment systems and related regulations. If the content of this page differs from actual regulations, the official source takes precedence.