Pix Set to Overtake Credit Cards as Brazil’s Favourite Way to Pay Online
Pix marches on
Pix marches on
Brazilians can now shop online more securely and without relying on a credit card, thanks to a partnership between Stripe and Latin American payments platform Ebanx.
Choosing how they pay, when they pay and who they pay
Businesses using Stripe can now accept Pix, the instant payment system created by Brazil’s Central Bank that has taken the country by storm.
By working with Ebanx, we’re making it easier for people in Brazil to pay the way they prefer. In today’s global economy, offering the right payment methods is just as critical as the products themselves. Krishnan Rajagopalan, Stripe
Pix to surpass credit cards for online purchases
For the millions of Brazilians without a credit card, this is a game-changer.
There are 60 million people in Brazil who can’t use a credit card. At the same time, 93% of Brazilian adults already use Pix—and by the end of the year, it’s expected to surpass credit cards for online purchases. Partnering with Stripe to make Pix more accessible just makes sense. João Del Valle, Ebanx.