Anticipation builds for Pix Automático

Pix Automático (automatic recurring Pix, built on Brazil’s instant payment system), already available for integration at Trio, has the potential to change the way Brazilians make payments, especially as a replacement for credit card purchases. This new payment model will bring a simpler, faster experience, building on the robust infrastructure and massive adoption of Pix, which is already widely used across the country. According to Veja magazine, the system is estimated to generate savings of up to US$37.9 billion and contribute around 2% of Brazil’s GDP by 2026.

What is Pix Automático?

Pix Automático will work as a recurring payment method, letting consumers pay online or by tapping via NFC, scheduling automatic transfers for frequent payments such as service subscriptions, gym memberships, electricity and water bills, rent and more. The main difference from traditional Pix is that these operations are automated, so there is no need to approve each transaction manually or re-enter data every time.

I want Pix Automático in my business

Impact on credit card use

With the rise of Pix Automático, Brazilians are expected to have a practical, lower-cost alternative to credit cards. There are a few reasons for this:

1. Zero or lower cost for consumers: unlike credit cards, which often charge fees, annual fees and interest on installment plans, Pix Automático will be free or cost less. Payment via Pix also happens instantly, with no need for financial intermediaries.
2. No installment interest: the ease of recurring or scheduled payments through Pix Automático may reduce the need to split purchases into installments, a common practice with credit cards, especially when interest is involved.
3. Integration with the banking system and fintechs: Pix Automático integrates easily with digital banks, fintechs and personal finance apps, giving people more control over their finances and reducing their reliance on credit cards for everyday spending.

Benefits for consumers and companies

• Control and convenience: consumers will have more control over their finances, with payments made automatically and no need to worry about due dates.
• Adoption by companies: companies of every size can use this new method to offer a faster, cheaper payment experience, without relying on card machines or the fees charged by card networks (gateways and sub-acquirers).

Pix Automático and Open Finance

The integration between Pix Automático and Open Finance brings new features for consumers and companies. The main new feature is simpler Pix, with no need to enter bank details for every payment.

This model will work much like “1-click checkout”, or what industry experts are calling “Tap2Pix”: the customer already has their details stored in an NFC-enabled digital wallet, as happens today with credit cards on frequently used shopping sites.

Another innovation will be no longer being tied to the balance of a single account: Pix Automático will be able to check the balance of the same account holder’s other accounts at different banks. With Open Finance, it will be possible to make automatic transactions from the balance available in any account under the same holder, for greater flexibility and convenience.

The future of payment methods in Brazil

Pix Automático has great potential to reduce the dominance of credit cards in the Brazilian market, not only because of its convenience but also because of the efficiency and savings it offers consumers and merchants alike. As financial digitization advances rapidly, Brazil continues to lead innovation in payments, and Pix Automático is another important milestone.

This new model aligns with the push for a more digital economy, with less red tape, lower costs and less reliance on traditional financial institutions. Its mass adoption could redefine buying behavior in Brazil, promoting greater financial inclusion, especially in the retail and services sectors.