PIX

 

PIX, launched by Brazil’s Central Bank in part to stimulate competition within the country’s banking industry, serves as a bank transfer payment method connected to over 700 Brazilian financial institutions.

This innovative payment system allows customers to make online purchases and in-store payments via QR codes. Designed to reduce reliance on traditional cash transactions and offer alternatives to methods like bank slips or boletos and ATMs, PIX provides a faster and more cost-effective payment solution.

Among its key advantages are continuous availability, swift transaction processing, cost-efficiency, user-friendly design, versatility, an open ecosystem, and robust security features.

 

This payment method could be relevant for your business if you sell to clients in the following countries or regions:

Brazil