Brazil

Here is what makes market of Brazil payments so special:

• Digital transformation.In 2020, Pix-an instant 24/7 payout system-was introduced by Brazil. It has transformed the way Brazilians make and receive payments. In 2023, Pix accounted for 30% of all electronic payments.
• E-commerce on the rise.Domestic electroniccommercein Brazil would grow in 2024 by 39%. Cross-border e-commerce would expand by 24%.
• Smartphone penetration.Over 70% of banking transactions are now made through smartphones. Mobile purses are major cornerstones regarding such financial landscape in Brazilian country.
• Financial inclusion.Pix allowed millions of unbanked Brazilians to join the digital economy, transforming the system into one of the main drivers of financial inclusion​.

E.g., offering locality-based paymentoptionslike Pix, Boleto Bancário, and the installment of credit cards is basically elemental to success in the highly successful e-commerce and digital payments environment that is Brazil​.

Below is an overview of key indicators in Brazil's e-commerce landscape:

• 👤 Population:

  213 million
• 🛒 Percentage of Online Shoppers:

  108.9 million
• 🛍️ Popular Product Categories:

  Fashion and Accessories, Beauty and Perfumery, Food and Beverages
• 💰 Consumer Spending:

  BRL 274.5 billion

Main Payment Methods in Brazil

Brazil is a large, diverse market where digital or traditional payment methods coexist. Following are the major means of making payments in BR, listed according to type:

💳 Pix

Pix is an instant payout system launched by the Central Bank of Brazil in 2020, designed to enable real-time transfers across different financial institutions 24/7. The speed, ease of using it, plus cost efficiency have now joined in making this system very popular. Pix stood for 30% of all electronic payments in BR by the end of 2023.

💳 Credit Cards

Credit cards are leading online payment means within the Brazilian context. One of the important features is the installments option, enabling users to make the payout in installments each month without interest.

Popular Brazilian card networks include Visa, Mastercard, Elo, Hipercard etc​. Credit cards are especially popular because they enable consumers to make large purchases over time, an appealing option in an economy with a high cost of consumer credit​.

💳 Debit Cards

Although not as popularly used for purchases over the Internet, debit cards are usually preferred for everyday purchases made at stores by people. Debit cards are directly linked to the bank account of the consumer; thus, they are convenient enough and offer a real-time mode of payment without accumulating debts.

💳 Boleto Bancário

Boleto Bancário means a more traditional way of paying in BR. With it, users receive a payout slip-termed boleto-that they can pay, in cash or online, at authorized places such as banks or lottery outlets, or even supermarkets. This really is a very useful means for those consumers who do not have credit cards, which has reduced its usage with the appearance of the new Pix, although it is an important option.

💳 Digital Wallets

Digital wallets are increasingly being applied, among which Mercado Pago, PicPay or PayPal stand out. They can store money plus make safe, easy online or mobile payments from a very flexible wallet.

💳 Installments (Parcelado)

Brazil payment processorsconsumers frequently rely on installments (or “parcelado”) regarding larger purchases. This allows them to divide the payment into multiple monthly installments, often without interest. This option is available with most credit cards and is a key driver of the credit card Brazilian market ​.

Factors to Consider When Choosing a Payment Gateway in Brazil

When selecting a paymentgateway for BR, businesses should focus on several critical factors:

• Supported transaction methods.Ensure this gateway supports local payment preferences like Pix, Boleto Bancário plus credit card installments. These methods are widely used in BR and will enhance customer conversion​.
• Transaction fees.Compare setup fees, transaction costs with additional charges. These fees can impact profitability​.
• Security plus compliance. Gateway must comply with PCI DSS plus have robust fraud prevention tools. This ensures customer data is secure and builds trust​.
• Integration with systems. Choose a gateway that easily integrates with your existing e-commerce platforms, CRM, or accounting software, ensuring smooth operations​.
• Checkout experience.A fast, user-friendly checkout process reduces cart abandonment. Prioritize gateways that offer smooth mobile payout options, especially given Brazilian mobile commerce growth​.
• International payments.If yourbusinessoperates globally, select a gateway that supports multiple currencies and international transaction methods.
• Customer support. Opt forBrazil paymentswith reliable, 24/7 customer support to quickly address any technical or transaction issues​.

By considering these factors, businesses can choose a payment gateway that is cost-effective and secure.

Best Brazilian Payment Gateways

BR payment ecosystem features various payment gateways catering to different business needs. Below is major gateways list, each with unique features tailored to Brazilian market:

• Paykassma
• AstroPay;
• BigCommerce;
• Cielo;
• EBANX;
• Mercado Pago;
• Monetix;
• Pagar.me;
• Brazil payment gatewayPagBrasil;
• PagSeguro;
• PayRetailers;
• Pix Brazilian;
• Rede;
• Stone Pagamentos;
• Wirecard Brazil (Mundipagg).

Each of theseBrazil payment gateway options supports a variety of payout methods, including Pix, credit cards, and local payout options like Boleto. They also offer different levels of integration, security, plus fees.

🔥 Paykassma

Website:https://paykassma.com/

Paykassma has been a leading payment processing solution since 2019, serving India, Bangladesh, Indonesia, Vietnam, South Africa, Brazil, and many other countries. Specializing in high-risk payments, Paykassma offers reliable and secure solutions tailored to industries with elevated financial risks.

Paykassma Features & Services:

• Over 4 billion potential customers in the most promising markets.
• Instant payment processing, user payouts, and withdrawals in BTC/USDT or via bank transfer anytime.
• Easy integration via API or a customizable Payment Page.

Paykassma provides online payment solutions for any industry, service and website.

Pros:

• Conversion growth: +20%
• Turnover increase: x100 in a week
• 99.9%+ successful transactions
• No rolling reserves
• No holds
• Settlement period: T+0
• 24/7/365 support

Paykassma knows how to make payment processing truly reliable, regardless of transaction volume.

Cons:

• Restricted to certain payment methods.
• Internet connection required for online transactions.

This mobile-focused solution may be challenging for individuals with limited internet access.

Transaction fee. —-

Requirements.Businesses must be legally registered in Brazil and comply with all requirements, including enrolling through Wing’s business partner programs.

Accepted transaction methods.Bank transfers, cryptocurrency options like BTC and USDT, PIX.

Countries available.Although Paykassma operates worldwide, its primary focus is on Brazil, providing customized payment solutions to cater to the specific needs of this market.

Supported currencies.The platform facilitates transactions inBrazilian Real (BRL) andUS Dollar (USD), the main currencies for e-commerce in Brazil.

🔥 AstroPay

Website:astropay.com

AstroPay is a global digital payment solution that operates across Latin America, Africa, Asia. It supportsBrazil payment processors plus offers virtual/physical cards.

AstroPay Features &Services:

• Accepts a range of payment methods including virtual or debit cards.
• Facilitates instant transactions with no fees with regard to users.
• Offers integration with merchants via SDK.

Pros:

• Instant payments and no fees with regard to users.
• Multiple payout methods globally and locally.

Cons:

• Limited global availability outside select regions.
• Customersupport regarding non-Latin American users can be slow.

Transaction Fee. 0 BRL

Requirements.Business registration required.

Accepted transaction methods. Pix, virtual cards, debit cards.

Countries available. BR, PE, CL, MX, CO.

Supported currencies. BRL, USD etc.

🔥 BigCommerce

Website:bigcommerce.com

BigCommerce is a powerful e-commerceplatformwith payout gateway integrations including Mercado Pago, allowing businesses to support local payments such as Pix. Thisgateway to Brazil offers extensive features regarding merchants to build and customize theironline stores.

BigCommerce Features & Services:

• Seamless integration plus payout gateways like Mercado Pago.
• Customizable e-commerce storefronts and checkout processes.
• Supports multiple local payout methods.

Pros:

• Flexible platform plus robust payout gateway integrations.
• Supports different local/international payment options.

Cons:

• High customization may require technical skills.
• Transactionfees can be high depending on the chosen payment method.

Transaction Fee. 0 BRL

Requirements. BigCommerce account required.

Accepted transaction methods. Pix, Mercado Pago.

Countries available. Global, including BR.

Supported currencies.BRL, USD, etc.

🔥 Cielo

Website:cielo.com.br

Cielo is a largepayment gateway Brazil, offering in-store/online payout solutions. It supports local methods like Pix or Boleto Bancário, as well as international credit cards, making it a go-to payout provider for Brazilianbusinesses.

Cielo Features & Services:

• Provides in-store POS systems & online paymentprocessing.
• Offers installmentpayments(parcelado) regarding credit cards.
• Supports Boleto Bancário, and various international cards.

Pros:

• Extensive merchant network and support regarding various payment options.
• Trusted brand plus a strong local presence.

Cons:

• Higher transaction fees regarding smaller businesses.
• Setup process can be complex.

Transaction Fee. 0 BRL

Requirements. Business registration in BR.

Accepted transaction methods.Pix, Boleto.

Countries available. BR.

Supported currencies. BRL.

🔥 EBANX

Website:ebanx.com

EBANX is a cross-border payout solution that enables international companies to accept local payments in Brazilian country, including Pix with Boleto. It provides a simple way for global businesses to operate in BR with high approval rates and comprehensive fraud prevention.

EBANX Features & Services aspayment processor Brazil:

• Local payout solutions, including Pix or Boleto.
• Cross-border support plus multi-currency settlement.
• High approval rates plus fraud prevention tools.

Pros:

• Strong support for international businesses targeting BR.
• Local payout options plus high market penetration.

Cons:

• Can be costly regarding smaller merchants.
• Limited support regarding certain smaller currencies outside BRL or USD.

Transaction Fee.0 BRL

Requirements.Business registration.

Accepted transactionmethods.Pix, Boleto.

Countries available.BR, other Latin American countries.

Supported currencies.BRL, USD, etc.

🔥 Mercado Pago

Website:mercadopago.com.br

Mercado Pago is a major payment solution in Latin America, closely linked to Mercado Libre. Such agateway to Brazilallows businesses to accept payout methods, including Boleto and installment credit options.

Mercado Pago Features & Services:

• Supports credit/debit cards, Boleto etc.
• Offers installment payments and QR codetransactions.
• Ideal according to online/offline merchants.

Pros:

• Wide adoption across Latin America with a trusted brand.
• Offers different payout options, including Pix.

Cons:

• Higher transaction fees regarding smaller merchants.
• Customer support can be slow regarding international clients.

Transaction Fee.0 BRL

Requirements.Merchant account required.

Accepted transaction methods.Pix, credit/debit cards, Boleto.

Countries available. BR, Latin America.

Supported currencies.BRL, USD.

🔥 Monetix

Website:monetix.io

Monetix is a digitalpayment gateway Brazil tailored for small and medium-sized businesses. Monetix is designed for e-commerce businesses looking for cost-effective payout processing.

Monetix Features & Services:

• Supports various payout methods including credit/debit cards.
• Focused on secure online transactions with integrated fraud protection.
• Simple API integrationfor fast onboarding.

Pros:

• Designed for SMEs with affordable pricing.
• Simple and quick integration process.

Cons:

• Limited support for physical POS systems.
• Fewer advanced features compared to larger paymentplatforms.

Transaction Fee. 0 BRL

Requirements. Business registration required.

Accepted transaction methods.Pix, credit/debit cards.

Countries available.BR, global.

Supported currencies.BRL, USD.

🔥 Pagar.me

Website:pagar.me

Pagar.me is a leadingpayment processor Brazil, offering businesses an easy way to accept payments online & in-store. It’s well-known for its user-friendly integration and customizablesolutions for different merchants.

Pagar.me Features & Services:

• Supports multiple payout methods including credit cards or Boleto Bancário.
• Offers recurring payment options with customizable API.
• Provides comprehensive anti-fraud protection plus data analysis.

Pros:

• Highly customizable with advanced API integrations.
• Excellent support for recurring billing.

Cons:

• Higher fees regarding smaller businesses.
• Setup can be complex regarding non-technical users.

Transaction Fee. 0 BRL

Requirements.Merchant registration required.

Accepted transaction methods. Pix, credit/debit cards, Boleto.

Countries available.BR.

Supported currencies.BRL, USD.

🔥 PagBrasil

Website:pagbrasil.com

PagBrasil is an all-round payout gateway for Brazilian businesses, especially those involved in cross-border e-commerce. It boasts a long list of supported local payout methods, from Pix to Boleto Bancário, to installment payments.

PagBrasil Features & Services:

• International and localpayment methods in Brazil: Pix, Boleto Bancário.
• It also supports recurring payments and subscription management.
• Powered by anti-fraud technology; real-time confirmations on payments.

Pros:

• Adapted to cross-border businesses.
• Strong support for local payout methods and excellent fraud protection.

Cons:

• Well-suited to larger businesses.
• Higher transaction fees compared to some competitors.

Transaction Fee. 0 BRL

Requirements.Merchant account required.

Accepted transaction methods. Pix, Boleto, credit/debit cards.

Countries available. BR, international.

Supported currencies.BRL, USD, etc.

🔥 PagSeguro

Website:pagseguro.com.br

PagSeguro is one of Brazil’s most popular payout platforms, offering online/in-store payment solutions. It supports different payout methods and is known for its ease of use, especially for small businesses with freelancers.

PagSeguro Features & Services:

• Supports online/offlinepayments Brazil, including credit cards and Boleto.
• Offers POS terminals and mobile payout solutions.
• Provides installment payout options and robust security features.

Pros:

• Easy to use, well-suited to small businesses & freelancers.
• Various payout options, including in-store solutions.

Cons:

• Higher transaction fees for lower volume merchants.
• Limited support for international payments.

Transaction Fee. 0 BRL

Requirements. Merchant registration required.

Accepted transaction methods.Pix, credit/debit cards, Boleto.

Countries available.BR.

Supported currencies.BRL.

🔥 PayRetailers

Website:payretailers.com

PayRetailers is a fast-growingBrazil payment system offering a range of local & international payout solutions across Latin America. It enables businesses to process payments through methods like Pix, Boleto plus credit/debit cards.

PayRetailers Features & Services:

• Offers cross-border payout processing with local methods like Boleto.
• Provides multi-currency support with fraud detection tools.
• Customizable API integration for businesses.

Pros:

• Well-suited to businesses targeting multiple Latin American markets.
• Robust fraud prevention tools with multi-currency support.

Cons:

• More suited for medium/large businesses.
• May be cost-prohibitive for smaller merchants.

Transaction Fee.0 BRL

Requirements.Business registration required.

Accepted transaction methods. Pix, credit/debit cards, Boleto.

Countries available.BR, Latin America.

Supported currencies. BRL, USD.

🔥 Pix

Website:bcb.gov.br/pix

Pix is aBrazilian gatewaydevelopmentby Central Bank, offering real-time, fee-free transactions between individuals and businesses. Since its launch in 2020, Pix has become one of the most widely used payout methods for both personal and commercial transactions.

Pix Features & Services:

• Real-time transfers available 24/7.
• Supports QR code payments for businesses.
• No transaction fees for users.

Pros:

• Instant, free transactions with wide adoption.
• Available for use online/in-person payments.

Cons:

• Domestic transactions within BR.
• Some security concerns due to its instant nature.

Transaction Fee.0 BRL

Requirements. Brazilian bank or e-wallet account.

Accepted transaction methods. Bank transfers, QR code payments.

Countries available. BR.

Supported currencies. BRL.

🔥 Rede

Website:userede.com.br

Rede is aBrazilian payments company, which offers solutions for both online and in-store payments. It supports a variety of payment methods, including Pix, Boleto Bancário, and installment payments for credit cards.

Rede Features & Services:

• Provides payout processing for in-store/online businesses.
• Supports Boleto, credit/debit cards, and installment payments.
• Offers real-time reporting with transaction tracking.

Pros:

• Trusted by large & small businesses alike.
• Comprehensive support for local payout methods.

Cons:

• Higher transaction fees for small businesses.
• Can be complex for merchants unfamiliar with its setup.

Transaction Fee. 0 BRL

Requirements. Business registration in BR.

Accepted transaction methods. Boleto, credit/debit cards.

Countries available. BR.

Supported currencies. BRL.

🔥 Stone Pagamentos

Website:stone.com.br

Stone Pagamentos is aBrazil payment system with solutions for merchants of all sizes. It provides both in-store POS solutions and online payout processing, supporting local methods like Pix & Boleto.

Stone Pagamentos Features & Services:

• Offers in-store POS systems plus online payout processing.
• Supports Boleto plus installment payments.
• Provides detailed analytics and fraud prevention tools.

Pros:

• Strong focus on supporting small & medium businesses.
• Comprehensive local payout method support.

Cons:

• Customer service response times can be slow.
• Higher fees for smaller transactions.

Transaction Fee. 0 BRL

Requirements.Merchant registration required.

Accepted transaction methods. Pix, Boleto, credit/debit cards.

Countries available. BR.

Supported currencies. BRL.

🔥 Wirecard Brazil (Mundipagg)

Website:mundipagg.com.br

Wirecard Brazil, previously known as Mundipagg, is a leadingBrazilian gateway offering comprehensive payout solutions for local businesses. It supports a variety of payout methods, including Pix, Boleto plus credit/debit cards.

Wirecard Brazil Features & Services:

• Supports online/offline payments, including Boleto Bancário.
• Provides robust fraud prevention plus chargeback management.
• Customizable API for businesses.

Pros:

• Wide range of payout methods supported.
• Strong fraud protection with risk management tools.

Cons:

• Higher fees for cross-border payments.
• May be complicated regarding small businesses.

Transaction Fee. 0 BRL

Requirements. Merchant account required.

Accepted transaction methods. Pix, Boleto.

Countries available.BR.

Supported currencies.BRL, USD.

10 Best Payment Gateways That You Should Choose in Brazil

Conclusion

Brazil’s payout ecosystem is evolving rapidly, driven by innovation indigital payments. With such methods leading the way, businesses looking to operate in Brazil need to adopt localized transaction solutions. Offering a mix of traditional options like credit cards with digital-first methods ensures broader consumer reach with higher conversion rates.