Localization Payment Method for lower transactional costs : Brazilian Pix

Hi CCP Guys, leaving a suggestion here that you can enable the use of ‘PIX’ technology in Brazil to avoid the high transactional and cash-flow related costs imposed by PayPal or Credit Card banners.

For instance, Steam already has a partnership with a B2B company called ‘Nuvei’ which does that for them.

The general payment process is the following:

  1. Select the ‘Pix’ payment method;
  2. A link will be provided for the user to enter his/her ‘CPF’ Id number - an unique ID for brazilian citizens.
  3. The payment platform will generate a link with a time-limited window. For instance, Steam set this up for one-hour limit.
  4. The user will read the generated link/QR code and then pay it directly using his personal baking app.
  5. The API will confirm the receipt and flag that’s all good for the release.
  6. The customer will be happy with the instant product and CCP with insta-money without the high usual taxes.

Have fun looking for ways to make more money expanding your payment methods! :slight_smile: :money_mouth_face:

I believe this may be true for other countries such as Portugal and India as they have ‘similar’ tech there, If I am correct.

More about PIX popularity in Brazil: Brazil's Pix to overtake credit cards in e-commerce as soon as 2025, study shows | Reuters

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