PagBank enables Pix by approaching its machines

The PagBank, one of the main digital banks in Brazil, emphasizes that the functionality of Pix was released by approach in its payment terminals with NFC technology. Available on the machines of the digital bank, the functionality makes the payment experience more agile and efficient, because now PagBank customers can add their account to a wallet and make payments directly with the available balance.

“Our goal is to provide more agile and efficient financial solutions for our customers. With this innovative technology, we have made Pix a more dynamic and frictionless payment method”, says Alexandre Magnani, CEO of PagBank.“A functionality brings more agility to sales and ensures security according to Central Bank” guidelines, he adds.

The CEO also points out that the novelty benefits both consumers, who can now make payments faster, and merchants, who seek to optimize the management of their receivables. “In the PagBank ecosystem, Pix by QR Code on the machines already offered advantages such as proof of sale and unified reconciliation. With the introduction of Pix by approximation, this experience becomes even more efficient, encouraging fast and secure payments”, he concludes.

To use the new functionality, the merchant must select the payment option via Pix on the PagBank machine. Then the customer approaches the smartphone from the terminal, checks the amount and confirms the transaction with the password or biometrics of the digital wallet.The whole process is quick and simple, following the rules of the Central Bank and digital wallets, with a limit of R$ 500 per transaction.

Both Pix modalities via QR Code and Pix by approximation IO are available free of charge in the first month for PagBank merchants, with zero rate and instant receipt. This innovation represents an important step in the modernization and digitization of payments, consolidating PagBank as a leading-edge digital bank. The release for all fit models will be completed by the first half of March.

One of the largest digital banks in the country in number of customers, PagBank offers tools for face-to-face and online sales, full digital account for individuals and companies, as well as features that contribute to financial management, such as Payroll. In PagBank, the credit card has a guaranteed limit and investments become a limit for the card itself, boosting the earnings of customers, as well as generating cashback on the invoice. In PagBank, those who have an active and inactive balance in FGTS can request anticipation, in addition to being possible to hiring the INSS Consigned for retirees and pensioners directly through the PagBank app.