THEBankingOne of the main digital banks in Brazil emphasizes that the Pix proximity functionality has been enabled on its payment terminals with NFC technology. Available on the digital bank's card machines, the feature makes the payment experience faster and more efficient, as PagBank customers can now add their account to a wallet and make payments directly with the available balance.
"Our goal is to provide faster and more efficient financial solutions for our clients. With this innovative technology, we make Pix a more dynamic and frictionless payment method," says Alexandre Magnani, CEO of PagBank. "The feature brings more agility to sales and ensures security in accordance with the Central Bank's guidelines," he adds.
The CEO also highlights that the innovation benefits both consumers, who can now make payments more quickly, and merchants, who seek to optimize the management of their receivables. In the PagBank ecosystem, QR Code Pix on card machines already offered advantages such as sales receipts and unified reconciliation. With the introduction of contactless 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 terminal. Next, the customer brings the smartphone close to the terminal, checks the amount, and confirms the transaction with the digital wallet password or biometrics. The entire process is quick and simple, following the standards of the Central Bank and digital wallets, with a limit of R$ 500 per transaction.
Both modalities – Pix via QR Code and Pix by proximity – are available free of charge for PagBank merchants during the first month, with zero fees and instant receipt. This innovation represents an important step in the modernization and digitalization of payments, consolidating PagBank as a leading digital bank. The release for all eligible models will be completed by the first half of March.
One of the largest digital banks in the country by the number of clients, PagBank offers tools for in-person and online sales, a complete digital account for individuals and businesses, as well as features that contribute to financial management, such as Payroll. At PagBank, the credit card has a guaranteed limit, and investments become a limit for the card itself, enhancing customers' earnings, in addition to generating cashback on the bill. At PagBank, those with active and inactive balances in the FGTS can request early withdrawal, and it is also possible to contract the INSS payroll loan for retirees and pensioners directly through the PagBank app.
