PIX
PIX is a bank transfer payment method, built and owned by Brazil's Central Bank and linked to over 700 Brazilian financial institutions. Shoppers can pay with PIX when shopping online and via QR codes in-store.
Payment pricing
Brazil
€0.11
+
Based on transaction volume
Large customer base of 100 million users
Instant payment confirmation
Pay using mobile and contactless by reading a QR Code
Available on POS
How it works
- Shopper proceeds to checkout
- Shopper selects PIX from the list of available payment methods
- Shopper needs to access the banking app with the Pix Key’s registered, selects to pay with Pix and scans the QR code or copy and paste the code
- Transaction is completed
- Shopper is also going to see the payment confirmation from the banking app
- Shopper proceeds to checkout page
- Shopper selects PIX from the list of payment methods available and confirms to generate the QR Code
- Shopper has to open their own App with their Pix Key’s registered, choose to pay with Pix and scan the QR Code or copy the code and paste it on the app
- Transaction is completed
Features
Payment type
Channel
Available in
Latin America
Brazil
Currencies
Settlement currency
BRL
Processing currency
BRL
Other
Refunds
Partial refunds
Multiple partial refunds
Multiple partial captures
3D Secure
Chargebacks
Local entity required
Sales day payout
Settlement delay
2 days
Recurring
Frequently Asked Questions
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