Revolutionizes Pix payments in Brazil with SmartPix, offering distinctive 'Pix on File' service by dLocal
dLocal, a leading fintech company, has launched a new payment solution called SmartPix. This innovative offering is designed to simplify and accelerate the payment process for businesses with complex, recurring, or variable billing needs in Brazil's Pix system.
SmartPix enables tokenized Pix payments that support both recurring and on-demand charges, without requiring customers to manually authorise each payment. This removes friction from the payment process, providing an experience akin to "Pix on file," where payments can be seamlessly processed with variable amounts and without repeated checkouts or use of QR codes.
Benefits for Businesses
The benefits of SmartPix for businesses are numerous. It offers increased user conversion and retention due to smoother payment experiences. Moreover, it allows businesses to charge variable amounts dynamically tailored to each transaction, which is crucial for services with fluctuating prices such as transport, delivery apps, and advertising platforms.
SmartPix eliminates the need for manual payment authorisation or QR code rescanning, reducing delays and user friction. Automatic payments can be established without interrupting the user flow, aiding subscription or usage-based service models. SmartPix is also suitable for e-commerce and marketplaces with multiple purchases over time at varying amounts, improving flexibility and user experience.
Bridging the Gap
SmartPix fills a gap between the existing Pix system—where each payment needs manual approval—and Pix Automático, which only supports recurring payments with predictable, fixed amounts. Therefore, SmartPix provides more flexible and frictionless recurring and dynamic payment capabilities in Brazil's Pix ecosystem.
Industries Benefiting Most
Industries benefiting the most are transport and delivery apps, e-commerce/marketplaces, and advertising platforms that require flexible, on-demand payment processing to accommodate varying charges per transaction or campaign.
Regulatory Compliance
SmartPix operates within the regulatory framework of Brazil's Open Finance environment, ensuring compliance with all necessary regulations.
Conclusion
In summary, dLocal's SmartPix simplifies and accelerates the payment process in Brazil's innovative Pix system for businesses with complex, recurring, or variable billing needs, thereby boosting conversion and operational efficiency. With SmartPix, businesses can offer a seamless, secure experience that modern consumers expect, while also streamlining their payment processes and improving user retention.
dLocal's SmartPix solution can be found at ffnews.com, revolutionizing finance and business sectors with its innovative approach to technology. By providing tokenized Pix payments supporting both recurring and on-demand charges, SmartPix bridges the gap in Brazil's Pix ecosystem, offering more flexible and frictionless recurring and dynamic payment capabilities for industries such as transport and delivery apps, e-commerce/marketplaces, and advertising platforms.
