Cielo S A : Material Fact – Central Bank of Brazil Authorizations regarding WhatsApp
March 31, 2021 at 08:30 am EDT
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Material Fact - Central Bank of Brazil Authorizations regarding
WhatsApp
CIELO S.A. ("Company") (B3: CIEL3 / OTC Nasdaq International: CIOXY), in compliance with the provisions of CVM Instruction 358/02, and in addition to Notice to the Market from June 15, 2020 and Material Facts from June 24, 2020 and July 01, 2020, announces to its shareholders and other stakeholders that it has taken notice of certain authorizations, by the Central Bank of Brazil, for "a. the operation of payment arrangements classified as oppended and for transfer, deposit and prepaid, domestic, structured by Visa do Brasil Empreendimentos Ltda (VISA) and Mastercard Brasil Soluções de Pagamento Ltda (Mastercard) and; b. an institution of payments in the modality of 'Payment Transaction Initiator' for Facebook Pagamentos do Brasil Ltda. (Facebook)".
Regarding the project to enable transactions on the WhatsApp application ("Facebook Pay Program"), in which Cielo is a service provider, with regard to transfer functions among users, the Company informs that any statement should be made by Facebook or Visa and Mastercard.
In addition, it is worth mentioning that the approvals regard exclusively to transfer functions.
The Company will keep its shareholders and the market in general informed about any material updates related to this fact.
Barueri, March 31, 2021.
Gustavo Henrique Santos de Sousa
Chief Financial and Investor Relations Officer
For further information, please contact the Investor Relations area: ri@cielo.com.br
ir.cielo.com.br
Phone: +55 11 2596 8453
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Cielo SA published this content on 31 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2021 12:29:02 UTC.
CIELO S.A. specializes in payment cards issuance and marketing. The activity is organized around two areas of activity:
- sale of payment means: credit cards, debit cards, online payment cards, prepaid cards, etc.;
- services: assistance, accounts and partner networks management services, etc.