Brazilian PIX Payments

Overview

PIX is a Brazilian payment solution introduced by Brazilian Central Bank to individuals and legal entities, facilitating instant payment verification and round-the-clock availability. Users can finalize transactions using any Home Banking or E-Wallet App by either copying and pasting a Transaction ID or scanning a QR code

PIX Payment Methods

PIX Tranfer (Cash Out)

  • Description: Standard transfer allows users to make instant payments using the Pix system.
  • Functionality: Senders transfer funds to recipients using basic information such as Pix key (CPF/CNPJ, email, phone) or QR code.
  • Benefits: Quick transaction, available 24/7.

PIX Cash In (Copy and Paste Or QR Code Scanning)

PIX Cash In is a payment method available within the Pix system, allowing businesses to receive instant payments into their corporate bank accounts. The "Copy and Paste or QR Code Scanning" functionality offers two efficient methods for businesses to accept payments:

  • Copy and Paste: With this option, businesses generate a unique Pix code associated with their corporate bank account. This code can be easily copied and pasted into communication channels such as messaging apps, emails, websites, or invoices. Upon receipt, customers can initiate a transfer directly to the business's account.
  • QR Code Scanning: In this method, businesses generate a unique Pix QR code linked to their corporate bank account. This QR code can be displayed digitally or physically at checkout counters, on invoices, websites, or any point of sale. Customers can then scan the QR code using their smartphone camera or a compatible device to initiate a transfer directly to the business's account.