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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
€0.10
+
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 | Online banking | |
|---|---|---|
| Channel | Online | |
| In person | ||
| 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 |
How to integrate payment methods
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