PagSeguro Digital Ltd. ESG Profile (PAGS): Is It Sustainable?

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company’s products and services include the PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients can address their primary day-to-day financial needs, including receiving and spending funds, and managing and growing their businesses; the PagBank digital account, which offers banking services through the PagBank mobile app; and the Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem. It also offers online gaming and cross-border digital services. In addition, the company provides functionalities and value-added services and features, such as purchase protection mechanisms, an anti-fraud platform, account and business management tools, and a point of sale app.

Furthermore, it is involved in the processing of back-office solutions, including sales reconciliation, gateway solutions and services, as well as the capture of credit cards with acquirers and sub-acquirers. Additionally, the company engages in in-person payment activities through POS devices and the issuance of prepaid cards for spending or withdrawing account balances. It also operates an online platform that facilitates peer-to-peer lending. The company was founded in 2006 and is headquartered in São Paulo, Brazil. PagSeguro Digital Ltd. is a subsidiary of Universo Online S.A.