Boleto Bancário is a popular Brazilian payment method where customers receive a digital or paper payment slip ("boleto") that they can pay at banks, supermarkets, or online via their internet banking.
Boleto is particularly interesting because it reaches a large portion of the Brazilian population that does not use a Credit card. Payments are guaranteed as soon as the boleto has been paid, but processing usually takes one to three business days. The disadvantage is that payment is not confirmed immediately, which means that shipping often cannot take place until payment has been received.