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Mastercard offers 50% payout and services to Brazilian acquirers after Will Bank collapse

Market News
14 Aug 2026
PYMNTS
View Source
Bearish
Mastercard offers 50% payout and services to Brazilian acquirers after Will Bank collapse

Mastercard has proposed paying Brazilian merchant acquirers half of the amount they demanded following the collapse of Will Financeira (Will Bank), a FinTech linked to the failed Banco Master. The offer also includes providing fraud protection services for several years. This follows Mastercard settling about half of the $950 million owed due to Will Bank's January collapse and disputing the remaining amount with acquirers. Mastercard is coordinating with the liquidator and regulator and awaits further funds before finalizing settlements.

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