Elo is a Brazilian national financial corporation that allows consumers to make purchases, online or in store, using their smartphones. It is accepted internationally, and allows merchants to accept payments from their customers online without having to install or maintain complicated networking systems.

Elo is cloud based and allows merchants to accept payment from customers with only an internet connection and a computer or mobile device. Elo complies with all industry standards for security, and transactions are 100% safe for both merchants and customers. With it, merchants can connect their online store to their customer’s phone number.

With Elo, your customer's personal information (including name, email address, credit card number, and credit card expiration date) is sent directly to the bank that issued their card. The bank then verifies the credit card information with the issuing company before authorizing the transaction. The authorized transaction is sent back through Elo's secure server to your business's website or application.

This allows merchants to accept payment with no risk of being held liable for unauthorized charges made by customers who have lost or stolen their credit cards.