Pix

Company Overview:

Developed by the Central Bank of Brazil, Pix is a payment development method which enables transitions in less than 10 seconds. Available 24 hours a day, 7 days a week you can use Pix for all your payment transactions. Priding themselves on lowering financial costs, increased security, and an improved customer experience – therefore it became the ecosystem which delivers a safe and versatile solution for those in Brazil. Becoming fully operational in November 2020, they have already made more than 6 billion transactions, through the advantages of full-time availability, speed of transitions, low-cost functionality safety and so much more.

Service Overview:

For the usage of Pix, all you need to be able to start interacting through the payment service is an account, including a payment account from one of the nearly 800 participants of Pix. Across Brazil, for the deposits and withdrawals this can be used whilst you’re utilizing the different operators across poker and casino.

Through the service’s operation, this slightly differentiates from desktop to mobile. Whilst on desktop, the user selects Pix at the checkout pay for the users which are in Brazil, for the QR code is displayed on the screen, with the usage from your mobile, use the QR code and confirm the transaction. On the other hand, for mobile, you can choose Pix at the checkout and copy the Pix code, open the internet banking app to Pay with Pix, select “Pix Copia e Cola”, paste the code and confirm your payment on Pix!

For and within the scope of Pix, there is no minimum limit for payments and transfers. However, with the focus towards security and safety towards payments and transfers, there may be an established maximum limit for Pix transactions. Although between 8pm and 6am for payments between individuals, there is a payment limit of BRL 1,000. Through an average of 0.22% of a transaction value for merchants, being more competitive than some of the other options and locations around the world.

Just 15 months after Pix was launched, and becoming a major competitor to other operators, it has been used by 114 million individuals across Brazil. Being one of the major advantages to using Pix, there is guaranteed security, through all information being secured under the General Protection Act and the Baking Privacy Act. This is an important factor whilst you’re depositing and withdrawing upon Poker and Casino sites, ensuring effectiveness and security is at the forefront of your transactions.