What is PIX Payment? PIX Payment Review

What is PIX Payment? PIX Payment Review
PIX is a new system launched by the Brazilian Central Bank to support instant payments .

About PIX

The new system supports for the first time the instant payment of peer-to-peer remittances, checks, Boleto Bancário payments (a payment method in Brazil), and taxes and service fees (such as issuing passports, etc.). Similar to the European SEPA system (The Single Euro Payment Area, the European 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 of PIX

  • 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.


Comparison between PIX and other traditional payment methods in Brazil


Advantages comparison Traditional payment methods PIX Payment
Instant confirmation
Lower transaction costs
Faster settlement
Open all year round
Smoother payment experience


International distribution to Brazil using PIX

By distributing funds at scale through PIX to recipients such as users or suppliers in Brazil, they can receive the funds instantly.


Why use PIX International Distribution

  • Give your Brazilian partners a localized payment experience

  • Payments are received and paid almost instantly

  • Easily handle international distribution needs in batches

How to use PIX International Distribution

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

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.


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