E-billing Grows in Brazil

Brazil Reals feature
What's Next In Payments®
2:45 PM EST June 26th, 2014

E-billing in Brazil started in 2012 with an initiative of the federal and state tax authorities. Its aim is to end the need of an authorized printer for fiscal receipts and replacing it by an e-invoice, which can be printed in any device or sent by e-mail. The initiative promotes savings costs, simplification of redundant tax presentations and enhanced security.

25 of 27 states have opted out for the e-invoicing to date. Amazonas and Rio Grande do Sul already signed decrees which make it mandatory to adopt e-billing for certain firms, a requirement that will extend to all billers by 2015.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

Comments
Also by This Author
What's Hot
B2B Payments
eXelate Gets BPA Certification
B2B Payments
Fleet Telematic Firm Cuts Euro Deal
Apple Pay Tracker
Big Sales Expected For Apple On Black Friday
International
Holiday Shopping Starts Early For Global Shoppers
View All Articles ››
You May Also Like
International
Holiday Shopping Starts Early For Global Shoppers
International
UK’s Super Sunday Forecast
International
Google’s New Shopping Holiday
B2B Payments
B2B Incubator Looks For Vertical Expertise First
View All Articles ››