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Brazil
Pix Has Become the Global Benchmark for Instant Payments
Brazil is home to Pix, one of the world's most successful real-time payment systems. Developed by the Central Bank of Brazil, Pix has transformed both consumer and business payments by enabling instant account-to-account transfers available 24/7 through banks, fintechs and digital wallets.
Pix already represents approximately 42% of e-commerce payments and 34% of POS transaction value, making Brazil one of the world's most advanced instant payment markets.
Through one API, 8B provides access to Pix and Brazil's local payment ecosystem, helping businesses connect to millions of consumers through a single integration.
Cross-Border Payment Infrastructure for Global Growth
Local Payment Infrastructure
Connect to local payment methods, bank transfers and digital wallets through a single API. Expand into new markets faster with regulated cross-border payment infrastructure.
Payments & Payouts
Accept customer payments, automate partner payouts and simplify global money movement through regulated fintech infrastructure.
Industries We Support
Supporting e-commerce, travel, gaming, marketplaces, financial institutions, PSPs and fintech companies expanding into new markets.
One API
Launch new markets faster without building separate local payment integrations. Reduce operational complexity while improving payment acceptance and customer experience.
Expand into new markets with regulated cross-border payment infrastructure. 8B connects businesses to local payment methods, national QR networks, bank transfers and digital wallets through a single API, helping businesses launch faster while reducing integration complexity.
Offer customers the payment methods they already know and trust.
Supported Payment Methods
Pix is Brazil’s instant payment system developed and operated by the Central Bank of Brazil. It enables individuals, businesses and government entities to send and receive real-time account-to-account payments 24/7 using QR codes, phone numbers, email addresses or random payment keys. Since its launch in 2020, Pix has become Brazil’s dominant digital payment method and one of the world’s most successful real-time payment systems.
speed
Reasons for Popularity
Speed: Transactions settle in less than 10 seconds, making it ideal for urgent payments and real-time transfers.
Cost-Free for Individuals: Most personal transactions are free, eliminating traditional bank fees and appealing to cost-conscious users.
Widespread Merchant Adoption: Accepted by over 10 million businesses, ranging from e-commerce platforms to small retailers and service providers.
Introduced in 2021, Open Banking in Brazil allows customers to share their financial data with banks and fintechs. Building on Open Banking, Open Finance enables customers to control and share their data across a broader range of financial institutions including insurance, investments, and other financial services.
speed
Reasons for Popularity
Secure for High-Value Transactions: Preferred by businesses and individuals for large-value payments, ensuring reliability and traceability
Integrated Services: Supported by 98% of financial institutions, with seamless functionality via mobile and online banking apps
Consumer and Business Trust: Considered a secure and formal payment method for personal, professional, and e-commerce-related transactions
PicPay, Brazil’s largest digital wallet, had over 35 million active users by the end of 2023. It supports peer-to-peer transfers, QR payments, and bill payments while offering credit services.
speed
Reasons for Popularity
Dominance in Peer-to-Peer Transactions: PicPay captures a significant share of digital wallet transfers, making it the preferred choice for personal payments among Brazilians
Versatile QR Payment System: The platform's QR payment feature is widely accepted by numerous merchants, facilitating both online and in-store transactions
Integrated Financial Services: Beyond payments, PicPay offers a suite of financial products, including loans and credit card management, appealing to a broad user base seeking comprehensive financial solutions
Built for Developers
Modern APIs, clean documentation and rapid integration.
Built for Finance Teams
Automated reconciliation, transparent reporting and streamlined settlements.
Built for Customers
Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.
