- PagSeguro Digital Ltd PAGS clarified a "negligible" impact to 2022 revenue and net income from the Brazilian Central Bank hearing 89/2021 on capping debit and prepaid card transaction interchange fees.
- PagSeguro considered the various moving parts and, analyzing internal data, ran multiple hypothetical scenarios.
- The conclusion was regardless of the outcome of the public hearing. The impact will be slightly positive for PagSeguro from 2023 from expected cost savings in the acquiring business interchange.
- PagSeguro's complimentary payments businesses of acquiring and cards issuance create a natural hedge for the company.
- Related Content: PagSeguro Shares Pop On Q3 Preliminary Results, Names New COO
- Price Action: PAGS shares traded higher by 4.44% at $36.71 on the last check Friday.
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