-- More than a payment app, the platform promises to be a complete experience 
to pay and receive amounts without depending on traditional means

Banco Safra has just launched a digital wallet that enables to make purchases 
from retail merchants using QR Code, NFC, and soon by face recognition, besides 
transfers and withdrawals using QR Code. The SafraWallet app will be available 
for download during this weekend at the App Store and Google Play.

To use the service, it is not necessary to be a client of Banco Safra, the 
registration process is free of charge, simple and quick, and it does not 
require proof of income. In a model different from traditional means, 
transfers, withdrawals and payments using SafraWallet will be exempt from bank 
fees.

Consumers can load the SafraWallet in three ways: transfer of funds from 
another account, portability of salary, and registration of credit card of any 
bank. At the time of the purchase, the client may use the balance of the wallet 
or of any of the registered credit cards, without requiring the plastic card.

In the launch, Banco Safra is giving special bonuses to clients – for example, 
those who register their cards in the digital wallet will receive bonus per 
registered card, and those who make salary portability will get bonus of a 
fixed amount during three months, among other rewards.  

SafraWallet is coming on the market with a series of functionalities and 
advantages to those who purchase but also to those who sell. "The launch of 
SafraWallet is a milestone in the history of the bank. It is a new way to pay 
and receive, available to all Brazilians who want to have a mobile, simple and 
uncomplicated payment means", informs the Bank.

The solution is also integrated into SafraPay, the bank's acquirer that has 
experienced a strong growth supported by an innovative machine model with 
registration by autonomous means, own team, and digital sales. "Banco Safra has 
an aggressive plan for the growth of the digital wallet. For this purpose, 
during the second half of this year, we will incorporate a "SuperApp" into 
SafraWallet in which several products and services will be offered through an 
open platform, providing a complete experience", explains the Bank.

In an innovation exclusively introduced by Banco Safra, clients who need paper 
money can make withdrawals in more than 23.000 cash machines and ATMs of the 
bank using the QR Code. And with SafraWallet in their mobile phones, they can 
make purchases in thousands of retail merchants and get advantages; pay and 
issue bank slips; and transfer and receive amounts to and from their contacts.

"We believe that, as it is easy to use, SafraWallet will contribute to increase 
the flow of clients in retail merchants, a movement that we will also stimulate 
using geolocation technologies and adding services and benefits to the app."

What's next - The institution is focused on competing head-to-head with big 
retail banks in a new market, and consolidating its position among the four 
largest private banks in Brazil in the segment through its digital platform. 
Safra's strategy is to transfer the low cost of its branch network to clients 
by offering products and services in more competitive conditions, besides 
increasing its range of financial and consumer products with an open platform.

Phone: + 55 11 3165-9596.

SOURCE Banco Safra