Who owns Casas Bahia Pay?

traditional · São Paulo, BR · E-money institution · custody: Custodial

short answerCasas Bahia Pay is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits.

Is Casas Bahia Pay a licensed bank?

No — it is an e-money institution. License detail: Banco Central-authorised e-money issuer (Banqi Instituição de Pagamento Ltda); prepaid Mastercard; loans via group credit fintech BNQI SCD.

Where is your money held?

Custody model: Custodial.

No sponsor bank or infrastructure provider is publicly documented for Casas Bahia Pay yet. Know one? Suggest it.

Is my money safe with Casas Bahia Pay?

As an e-money institution, Casas Bahia Pay safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.

go deeperSee the full Casas Bahia Pay profile with every verified field, or Casas Bahia Pay alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.