Brazil's payments firms see delinquency up 30% amid coronavirus crisis: association

SAO PAULO (Reuters) - Brazil's card payments association Abecs estimates delinquency in the sector has gone up roughly 30% since the beginning of the coronavirus pandemic in the country, its head Pedro Coutinho said on Wednesday.

Still, Coutinho said card payments processed by Abec companies in Brazil are likely to go up between 1% and 3% this year.

(Reporting by Aluisio Alves, writing by Carolina Mandl)