Boleto Bancário is a payment solution founded in 1993 by the FEBRABAN(Brazilian Federation of Banks). The translation means “bank ticket,” which is pretty descriptive. Boleto is a popular payment solution in Brazil, and many Brazilian gamblers like to use it for their casino sessions. This solution processes over 3 billion transactions per year, and it’s responsible for more than 25% of the online money transfers happening in Brazil.
Depositing with Boleto is done in an easy way that requires no effort whatsoever. There are a few steps for players to follow to start using the method as their primary depositing tool in their online casino.
First, pick the payment method as a depositing tool from the casino’s Cashier page.
Put in the amount of money you wish to deposit and your Brazilian tax ID
Get a Boleto invoice with a 44-digit code that has all of the info about the transaction and the validation date
Issue the payment via an online bank account or in cash
Now, you’ll have two options to make the payment at Boleto online casinos. The first one is paying with cash by printing the Boleto invoice and making the payment in your nearest bank. The confirmation period is around three days. The second option is paying via an ATM or an online banking account.
You can even choose the Boleto Flash option, which PagBrasil offers. You have to wait for 2 hours on working days for your money to be transferred to your casino. Make the payment before the expiration date on the invoice.
The payment method itself doesn’t charge any fees, but the casino might charge a small sum.
You stay anonymous when making online casino transactions since your tax ID is not given to third parties.
Unfortunately, withdrawing from Boleto casinos is not possible at the moment. You can still pick another withdrawal method.