Mercado Pago says it is comfortable expanding credit cards in Brazil
Mercado Pago, the fintech arm of MercadoLibre, said it remains comfortable expanding its Brazilian credit card business despite the central bank’s growing concern about rising household indebtedness.
By Marcela AyresMercado Pago, the fintech arm of Latin American e-commerce giant MercadoLibre NASDAQ:MELI, said it remains comfortable expanding its credit card business despite the Brazilian central bank's growing concern over rising household indebtedness.Speaking to Reuters on the sidelines of a…