At the beginning of the month, Banco do Nordeste had already terminated the contract with Entrepay, amid an increase in customer complaints
The State Bank of Pará – Banpará – () reported having unilaterally terminated the contract it had with Entrepay, a card machine company that had extrajudicial liquidation ordered by the Central Bank on Friday (27).
“The board of directors decided to unilaterally terminate the commercial partnership contract for multi-acquiring services signed with Entrepay Instituição de Pagos,” stated the bank.
At the beginning of the month, Banco do Nordeste had already terminated the contract with Entrepay, amid an increase in complaints from customers, especially small merchants, that the company was withholding funds from sales made on its card machines. Some store owners made complaints online about losses of more than R$100,000 in sales made and not received.
The information is from the newspaper The State of S. Paulo.