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Documentation

Pix

A mobile payment method used to transfer bank funds in Brazil.

What Is Pix?

Pix is an instant payments system that allows real-time transfer and settlement of funds between the bank accounts of participating financial institutions. Checking accounts, savings accounts, and prepaid payments accounts can be used to transfer funds with Pix. The service is free to all retail customers.

Pix benefits the user by utilizing QR (Quick Response) codes to make direct bank transfers to merchants, in addition to person-to-person transfers. Users can initiate a payment with Pix using their mobile phone. Hundreds of participating banks and financial institutions in Brazil have joined Pix.

User Experience

When a customer wants to make a payment online, they will select the Pix payment method, provide payer details, login into their mobile bank app, receive and scan a QR code, and confirm payment.

  1. Select the Pix payment method and be redirected to the landing page.

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  2. Add the payer details

    Receive a QR code to proceed with the payment process

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  3. Log in to your preferred mobile banking app and click on Pix

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  4. Scan the QR code

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  5. Or paste the QR code (optional)

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  6. Confirm the payment

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  7. Redirect to the payment confirmation page

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Pix Details

Note: The payment method br_pix_cb_bank is used for cross border payments.

Details

Description

Payment Method Category

Bank Redirect

Payment Request String

PMT = br_pix_cb_bank

PMT Name = PIX CB bank payment

PMT = br_pix_bank

PMT Name = PIX bank payment

Country

Brazil

Presentment Currency

BRL

Refunds/Reversal

No

Recurring

No

Disputes/Chargebacks

No

Transaction Limits

Maximum daily limit: No limit

Maximum nightly limit: Up to 1,000 BRL

Settlement Timeframe

Real-time

Rapyd Guide

See Bank Redirect