PagBank a full-service digital bank offering financial services and payment methods, voted the best business account by the iDinheiro portal and one of the leading digital banks in Brazil, announces the launch of "PagBank Mobile Insurance ," which complements its ecosystem of services focused on security and convenience for its customers.
“This launch aligns with PagBank's strategy of expanding its integrated offering of products and services. With mobile phone insurance, our protection portfolio gains even more strength, reinforcing PagBank's purpose of making the financial lives of people and businesses easier through essential, simple, digital, and sustainable solutions,” says Claudio Limão, Director of Issuance, Loans, and Insurance at PagBank.
Although Brazil has 265 million active cell phones, according to Anatel, only 10 million have insurance, according to FenSeg (National Federation of General Insurance), a figure that highlights the low level of protection for an asset so present in the daily lives of Brazilians.
In a scenario where cell phones have gone from being a luxury item to an essential part of daily life, the demand for protection solutions that keep pace with this transformation is growing. Aware of this need, the digital bank is launching PagBank Cell Phone Insurance, aiming to make smartphone protection more accessible to Brazilians, combining technology and a fully digital experience, from contracting to activation.
Developed in partnership with Pitzi, a leading insurtech company in smartphone and electronics protection in Brazil, "PagBank Mobile Insurance represents the expansion of our mission to restore connectivity to consumers quickly and affordably," comments Tatiany Martins, vice president of Pitzi. According to the executive, the partnership reinforces the trend of integration between financial services and protection solutions in the digital environment, offering convenience, security, and autonomy to the end consumer.
Available to all PagBank customers, regardless of profession or income, PagBank Mobile Insurance enters the market with significant advantages. In addition to coverage against theft and robbery, the PagBank product includes protection in case of device loss – a benefit still rarely offered in the market. Customers can also add coverage for accidental damage, which includes breakage, liquid spills, oxidation, and electrical damage.
To mark the launch, customers who sign up for PagBank Mobile Insurance will participate in monthly iPhone raffles. In addition to the chance to win prizes, customers have the peace of mind of knowing their devices are protected. More information can be found here .
One of the largest digital banks in the country in terms of number of clients, PagBank offers tools for in-person and online sales (such as card payment terminals, Tap On, which transforms a cell phone into a payment terminal with the PagBank app, payment links, checkout options for e-commerce, among others), a complete digital account for individuals and legal entities, as well as features that contribute to financial management, such as Payroll. At PagBank, the credit card has a guaranteed limit and investments become credit for the card itself, maximizing customer earnings. To learn more about PagBank products, click here .
See the ranking published on July 16, 2024, in " What is the best digital business account? See 10 free options!" on the iDinheiro website. To consult the ranking of the largest banks, in number of clients, access the website of the Central Bank of Brazil . To learn more about PagBank Mobile Insurance, click here . Access to learn more about our POS terminals , PagBank Digital Account and Business Account , PagBank Checkout , Tap On , Payment Link , Payroll and Investments . The PagBank credit card limit may vary according to the amount invested in CDB or reserved in the PagBank account, check the conditions by clicking here . Account opening subject to registration analysis. The PagBank app is available for download on the Play Store (Android) and App Store (iOS). Customer Service: 4003–1775 (Capital cities and metropolitan area) or 0800 728 21 74 (other locations, except cell phones). Ombudsman 0800 703 88 91.
