Overview
Payment group: e-Wallet
Payment product ID: 6107
PicPay has positioned itself as a leading digital wallet provider in Brazil, pioneering the use of QR codes for instant payments since 2013. Its platform facilitates a wide range of financial transactions, including peer-to-peer (P2P), peer-to-business (P2B), and person-to-merchant (P2M) transfers. By offering a user-friendly interface and a complete payment ecosystem, PicPay empowers individuals and merchants to manage their finances easily and innovatively. The company sustains its business model by charging fees on specific transactions, enabling continued growth and enhancing the overall user experience in Brazil's digital payment landscape.
Features
- Allows iframe
- Cancel refund
- Partial refunds
- Redirect
- Recurring
- Refunds
- Tokenization
Key benefits
- Tap into a growing base of users who prefer digital payments in Brazil.
- Instant transaction processing with immediate access to funds.
- Competitive transaction fees compared to credit card processors.
- QR code payments for fast, contactless transactions.
- Digital wallet option for consumers who prefer alternatives to cash or credit cards.
- Robust security measures to protect against fraud and chargebacks.
Boarding
PicPay is available as a part of our full-service offering and has a simplified boarding process:
- Our implementation team completes the online boarding form & submits it to Partner.
- Partner completes KYC.
- Partner sets up a new processing account for your business and shares it with us.
- We configure pre-production and production credentials for you.
- You run the end-to-end testing with the support of our implementation team.
- Go live!
For other questions, you can always contact the boarding team to help you out.
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