what is receivables record?
Every transaction made with a credit or debit card has to be transferred by accreditors and sub-accreditors to registrars.
Registrars are institutions authorized by Bacen (the Brazilian Central Bank) to operate registering receivables from credit and debit cards, making them work as collaterals when merchants request credit.
get to know the registrars in the industry
![logo](https://wpadmin.adiq.com.br/wp-content/uploads/2021/06/Novo-Logo-CERC-azul-com-fundo-transparente-1-mobile.png)
CERC - Central de Recebíveis (Receivables Center) is the first registrar specialized in receivables authorized by the Central Bank to operate in Brazil. They seek to innovate and simplify the delivery of products and solutions to the marketplace, enhancing security and efficiency in the use of receivables in operations to enable more access to credit offers.
Learn more at: www.cerc.inf.br
![logo](https://wpadmin.adiq.com.br/wp-content/uploads/2021/06/logopngcolorida-mobile.png)
TAG IMF is a financial industry infrastructure regulated by the Brazilian Central Bank authorized to operate as a Receivables Registrar. They enable asset management through modern and innovative platforms. With high-end technology, intelligence, security and humanized service, they absorb complexities and simplify processes.
Learn more at: www.taginfraestrutura.com.br
![logo](https://wpadmin.adiq.com.br/wp-content/uploads/2021/06/CIP_CMYK_CIP-mobile.png)
CIP, a civil association, non-profit, part of the Brazilian Payment System (SPB) and acknowledged in the global marketplace, relies on a portfolio of solutions and services in technology, innovation and security applied to the financial transactions made in the country. It provides solutions that foster the evolution of the financial industry and the development of the society.
Learn more at: www.cip-bancos.org.br
this is how the operation works
Every accreditor and sub-accreditor that is part of the card payment arrangements must mandatorily integrate with a registrar of their choice, and so must any financial or non-financial institution interested in trading receivables.
Accreditors and sub-accreditors submit their customers’ receivables agendas daily to their registrars.
Registrars exchange information among one another; this is called interoperability.
After customers opt in, financial and non-financial institutions can access that agenda.
From that point on, they can trade receivables with their customers in credit operations, such as credit secured by future receivables, for instance.