What is PIX Payment? PIX Payment Review, Features

PIX is a new system launched by the Central Bank of Brazil to support instant payments. For the first time, the new system supports instant payments for peer-to-peer remittances, checks, Boleto Bancário payments (a payment method in Brazil), and taxes and service fees (such as issuing passports). Similar to the European SEPA system (The Single Euro Payment Area, Europe's cross-border payment plan), Brazilians will soon be able to complete payments and send funds between individuals and organizations through mobile banking, online banking and ATMs 24 hours a day, including holidays.

Advantages

• Reach more than 45 million Brazilians and increase conversion rates by providing a smoother payment experience.
• All year round, all day long: PIX will change the Brazilian habit of waiting nearly 24 hours for payment confirmation with instant payment confirmation.
• Easily connect to PIX payment methods and start acquiring and distributing payments with one-stop access to the dLocal API platform.

Why use PIX International Distribution

• Give your Brazilian partners a localized payment experience;
• Payments are collected and paid almost instantly;
• Easily process international distribution needs in batches.

How to use PIX International Distribution

1. Use PIX Keys

International distribution to any PIX account number provided by the user (email address, mobile phone number or resident ID number).

2. Bank/E-wallet information

You can still use your bank details for international distribution, but now you can also pay to e-wallets. Meanwhile, payments with PIX are instantly confirmed.

Payment Process