PIX

PIX is Brazil's instant payment system developed by the Central Bank of Brazil, enabling real-time bank transfers and payments 24/7. It is widely accepted by licensed online casinos and sportsbooks serving the Brazilian market.

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2020

Founded

Countries

Currencies

Brazil

Headquarters

Overview

PIX is an instant payment system launched by the Central Bank of Brazil in 2020 to modernize the country's payment infrastructure. It enables individuals and businesses to send and receive money instantly using bank accounts, digital wallets or payment institutions without requiring payment cards. Payments can be initiated using QR codes, mobile numbers, email addresses, tax identification numbers or randomly generated PIX keys.

Within the iGaming industry, PIX has rapidly become the preferred payment method for licensed online casinos and sportsbooks targeting Brazilian players. Its instant deposits, low transaction costs and round-the-clock availability provide a seamless payment experience for users, while operators benefit from immediate payment confirmation and high transaction success rates. As Brazil's most widely adopted digital payment system, PIX is now an essential payment option for the country's growing regulated iGaming market.

Payment Types & Security

Payment Types

Local Payment Method

Security Features

•Strong Customer Authentication (SCA)
•Bank-Level Authentication
•End-to-End Encryption
•QR Code Security
•Real-Time Fraud Monitoring

Availability

Available In

Latin America

Casino Availability

Accepted by most licensed online casinos and sportsbooks serving Brazilian players. PIX is the leading payment method in Brazil's regulated and emerging iGaming market.

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