Aura is credit card payment solution developed for the brazilian market and one of the most popular online payment methods along with Hypercard and Elo. Aura allows consumers to pay ininstallments by choosing 3,6,9 or 12 monthly installments. The merchants receives payment instantly, but the customer can choose to pay via Aura in 3,6,9 or 12 installments. The card also enables recurring online payments. How does Aura work? When a customer is ready to complete their purchase at the checkout, they can choose from different payment options. By choosing a credit card as their payment method, they are either directed to a special page or move along your checkout process to a place where they can add their card details. Most of the time, it’s the card brand, cardholder’s name, card number, expiry date, and security code. After putting in all those details, customers can make their initial payment to Aura. This payment is followed by others depending on the payment scheme the customer chooses. Merchants receive funds instantly.
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