Providing Payment Gateway to Brazil, GlobeBill Will Do Better As a kingdom of football and an engine of the world’s economic growth, Brazil should not be underestimated in its market potential and economic actual strength. It is largest country of Latin America with the fifth population and area of cohabitation in the world. Its gross domestic product (GDP) also ranked seventh in the world. In 2011, the country's imports have amounted to $ 226.3 billion, an increase of 25 percent compared with 2010. The coming world cup and summer Olympic will also inject fresh vitality to its economy development. Many merchants has noticed the golden opportunity and waiting for a chance to invest in the Brazilian market. When given the choice, Brazilians use national payment methods for about 90% of their online purchases. Brazilian credit cards are often limited to national purchases in Real. Credit card payments with installments are an absolute must in Brazil and "Boleto Bancário" is the leading push payment method for businesses as well as consumers. All these payment methods, plus cash deposits, national wire transfer and bank proprietary payment methods are subject to legal restrictions and are only made available to Brazilian corporations. Recently, GlobeBill has officially confirmed its payment solution of the Brazilian Foreign Trade receivable channel. The strategic relationship between Boleto and GlobeBill (www.globebill.com) has surfaced. "To introduce a foreign trade receivable channel which satisfied Brazilian residents and foreign merchants is always in the developing plan of GlobeBill. Our successful cooperation with Boleto has cleared the biggest obstacle ahead and the employee’s co-operation will also put the planning into reality “Wang Yi, Globe Bill’s general manager said proudly. Looking at the Brazilian local international payment channel, it provides customized services to different parts of the merchants in order to allow the tunnel to meet the needs of different countries and different credit card processing gateway groups. Consumers can finish their easy payment through an international payment gateway which inhabited from the traditional payment process and habitats. Money treasure through the launch of the service will also be able to get to the reward. In this way, foreign trade merchants, the Brazilian people and the GlobeBill will finally reach a triangle of win-win result.