O PagBank, one of Brazil’s leading digital banks, emphasizes that the functionality of NFC-enabled proximity Pix payments has been released on its payment terminals. Available on the digital bank’s card machines, this feature makes the payment experience faster and more efficient, as PagBank customers can now add their account to a digital wallet and make payments directly using their available balance.
“Our goal is to provide more agile and efficient financial solutions for our customers. With this innovative technology, we make Pix a more dynamic and frictionless payment method,” says Alexandre Magnani, CEO of PagBank. “The feature brings more speed to sales and ensures security in line with Central Bank guidelines,” he adds.
The CEO also highlights that this innovation benefits both consumers, who can now make payments more quickly, and merchants, who seek to optimize their receivables management. “In the PagBank ecosystem, Pix via QR Code on card machines already offered advantages such as sales receipts and unified reconciliation. With the introduction of proximity Pix, this experience becomes even more efficient, encouraging fast and secure payments,” he concludes.
To use the new feature, the merchant must select the Pix payment option on the PagBank card machine. Then, the customer brings their smartphone close to the terminal, verifies the amount, and confirms the transaction with their digital wallet password or biometrics. The entire process is quick and simple, following Central Bank and digital wallet regulations, with a limit of R$500 per transaction.
Both methods – Pix via QR Code and proximity Pix – are available free of charge in the first month for PagBank merchants, with zero fees and instant settlement. This innovation represents an important step in the modernization and digitization of payments, consolidating PagBank as a cutting-edge digital bank. Rollout to all eligible models will be completed by the first half of March.
One of the country’s largest digital banks in terms of customer numbers, PagBank offers tools for in-person and online sales, complete digital accounts for individuals and businesses, as well as features that contribute to financial management, such as Payroll Services. At PagBank, credit cards have guaranteed limits, and investments can be used as credit limits, boosting customer earnings while also generating cashback on statements. PagBank customers with active or inactive FGTS balances can request advances, and INSS payroll loans for retirees and pensioners can be contracted directly through the PagBank app.
