Merchant e-Solutions Signs Referral Partnership Agreement With Banco do Brasil Americas

REDWOOD CITY, Calif., Sept. 10, 2013

"Banco do Brasil is known for its customer service, and we know that MeS' ongoing support systems for our partners and merchants will further enrich the bank's reputation," said Paulo Guzzo, MeS' president.

Merchant e-Solutions will provide a wide range of feature-rich payment solutions for a variety of sales channels including e-commerce, retail, mail/telephone order, call center, and B2B. Under this partnership, Banco do Brasil will actively promote MeS to its commercial clients who are looking for a payment processing provider.

"At Banco do Brasil Americas, our goal is to provide our clientele with superb ease and convenience for managing their finances. Banco do Brasil Americas is excited for our clients to partner with MeS," said Pamela Kohl, Executive Vice President of Products and Channels at Banco do Brasil Americas. "We have full confidence our commercial clients are going to benefit from these comprehensive, best-of-class payment solutions and exceptional customer support offered by MeS."

About Merchant e-Solutions
Merchant e-Solutions offers end-to-end payment solutions and is one of the fastest growing e-Commerce companies in the credit card processing industry.  As a tier one acquirer, MeS processes over $14 billion worth of credit card transactions annually for more than 70,000 merchants in partnership with over 250 banks and partners. The company is based in Redwood Shores, California, and is part of the Cielo group, a leading acquirer in Brazil. For more information visit (www.merchante-solutions.com).

About Cielo
Cielo SA (Bovespa: CIEL3 | OTC: CIOXY) is Latin America's leader in electronic payment solutions. It is responsible for acquiring merchants and for the capture, transmission, processing and settlement of transactions made with credit cards and debit cards in Brazil. Through thousands of simultaneous and reliable operations, Cielo connects banks, card companies and merchants to power businesses and boost the economy.

The high technology applied in Cielo's network allows the company to operate with an availability rate of 99.995% over the year and 100% availability in major retail dates. With more than 1.3 million active merchants (considered those that had transactions effected at the terminals of Cielo in the last 60 days), Cielo covers 99% of Brazilian territory.