News From the Wire

16:24:10 (UTC) 06-17-2025

Axxess, Rellevate to offer innovative fintech services to clients

16:22:41 (UTC) 06-17-2025

Sunny, Visa partner to enhance, expand health benefits payments

16:20:41 (UTC) 06-17-2025

Medical kiosk market projected to hit $3.76 billion, globally, by 2030

16:18:12 (UTC) 06-17-2025

FreedomPay, Toast find 97% of hospitality leaders on track to meet security goals

16:15:31 (UTC) 06-17-2025

Hotel, hospitality software market to reach $6.88 billion by 2032

16:13:18 (UTC) 06-17-2025

Digital commerce market report 2025 now available

16:11:47 (UTC) 06-17-2025

74Software appoints Julia Siepmann as Group Chief Human Resources Officer

16:09:39 (UTC) 06-17-2025

Mantl, SECU team up on seamless business account opening



News from the Wire

Pix Automático recurring payments within Brazil’s instant payments launches

Monday, June 16, 2025 — 16:40:33 (UTC)

CURITIBA, BRAZIL – June 16, 2025 – Pix Automático, the new recurring payments feature within Brazil’s popular instant payment system, launches today. Introduced by the Central Bank of Brazil in 2020, Pix is already used by 91% of the country’s adult population. With Pix Automático, global digital companies, particularly subscription-based providers, are expected to broaden their reach to new consumers in Brazil.

EBANX, a global technology company specializing in payment solutions for emerging markets, is already integrated with Pix Automático and ready to connect its merchants to the new feature starting today. Global streaming platforms and SaaS companies are among the first merchants to integrate the new feature into their checkout pages through EBANX’s solution.

Over 170 million consumers use Pix, according to the Central Bank of Brazil. At the same time, 60 million Brazilians don’t have credit cards. This way, Pix Automático improves accessibility and unlocks new revenue potential. For companies that depend on recurring payments and currently rely solely on credit cards, the launch of Pix Automático opens up a significant growth opportunity in Brazil.

According to Payments and Commerce Market Intelligence (PCMI) data in EBANX’s study Beyond Borders 2025, Pix Automático could unlock over USD 30 billion in online recurring payments within two years. “The new recurring feature of Pix is the key to democratizing access to subscription services, enabling unprecedented financial control to millions of Brazilians,” says Eduardo de Abreu, VP of Product at EBANX.

E-commerce growth With the new recurring feature, Pix is projected to surpass credit cards as the most widely used payment method in Brazilian digital commerce by the end of 2025. The system is already the fastest-growing payment method for online purchases, considering emerging markets in Latin America, Africa, Southeast Asia, and India, with an annual growth rate of 35% through 2027, per PCMI's projections.

This growth is related to today’s launch. “Sectors with low Pix participation in transaction volume should experience a change in the coming years,” projects Abreu, from EBANX. For SaaS and streaming companies, Pix accounts for 13% and 2% of all online volume transacted, respectively. The average across all verticals is 40%. These two sectors are still dominated by credit cards, with shares of 79% for streaming companies and 86% for SaaS.

“Card volume is not expected to decline in sectors where recurring payments are key, but instead to grow alongside the overall market,” states the VP of Product at EBANX. According to PCMI, Brazilian e-commerce is expected to grow by 40% over the next two years, representing an additional USD 167 billion in online purchase volume.

ABOUT EBANX EBANX is the leading payments platform connecting global businesses to the world's fastest-growing digital markets. Founded in 2012 in Brazil, EBANX was built with a mission to expand access to international digital commerce. Leveraging proprietary technology, deep market expertise, and robust infrastructure, EBANX enables global companies to offer hundreds of local payment methods and streamline cross-border payments across Latin America, Africa, and Asia. More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and end-users alike.

For further information, please visit: Website: www.ebanx.com/en/ LinkedIn: www.linkedin.com/company/ebanx

Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

Source: Company press release.

Categories: Announcement

skyscraper ad