More payment methods

PicPay

Transforming Mobile Payments and Financial Services in Brazil

PicPay is an innovative mobile payment and digital wallet platform that has revolutionized the way financial transactions are conducted in Brazil. Developed to provide users with a comprehensive digital payment solution, PicPay offers a range of features for making payments, transferring funds, and accessing various financial services.

% of coverage
  • Country

    Brazil

  • Population

    217 million (estimated)

  • Number of Internet users

    188 million (estimated)

  • Popular payment methods

    Pix (instant payments), Credit Cards, Debit Cards, Digital Wallets, Cash​

% of coverage
  • Credit Card

    35%

  • Debit Card

    25%

  • Instant Payments (Pix)

    29%

  • E-Wallets

    5%

  • Cash Payments

    5%

  • Bank Transfers

    1%

Payment Method Overview
  • Type:Mobile Payment and Digital Wallet Platform
  • Currency:Brazilian Real (BRL)
  • % of coverage: 50% of Brazil’s mobile payment market (estimated)
  • Money transfers to date: BRL 250 billion annually (estimated)
  • Total customers: 60 million users (estimated)
  • Refunds:Yes, subject to the refund policies of PicPay and participating merchants
  • Chargebacks:Yes,subject to terms and conditions

About payment system

PicPay goes beyond basic mobile payment solutions, serving as a versatile platform for managing financial activities and accessing essential services. Users can link their bank accounts or credit cards to the PicPay app, enabling them to conduct payments, transfers, and various other financial transactions.

In addition to core payment and fund transfer functions, PicPay empowers users to pay bills, recharge prepaid services, purchase gift cards, and engage in a range of transactions. The platform’s multifunctional approach positions PicPay as an integrated solution for both financial management and everyday needs.

The significance of PicPay lies in its role in promoting digital payments and financial inclusion in Brazil. By offering a user-friendly platform and a variety of features, PicPay contributes to driving the adoption of digital payment methods among a wide range of users.

The platform’s commitment to security, user experience, and innovation is evident in its secure authentication methods, encryption protocols, and user-friendly interface. As PicPay continues to expand its services and user base, it plays a pivotal role in shaping Brazil’s digital financial ecosystem, offering users enhanced convenience, financial empowerment, and seamless access to a variety of services.

Read all
Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

Payment methods that also might be interesting

AirtelTigo

AirtelTigo

Mobile money

AirtelTigo Money is an innovative mobile money platform.

Logo (3)

Klarna

Klarna: Discover payment solutions

Klarna is one of the leading Buy Now Pay Later (BNPL) services globally, operating in over 17 countries and serving over 450,000 merchants.

Elcard png

Elcard

Elcard: Discover payment solutions in Kyrgyzstan

Elсard is a national payment system in Kyrgyzstan. Discover payment solutions at spoynt.com

Logo (13)

Multibanco

Multibanco: Discover payment solutions in Portugal

Multibanco is Portugal’s most comprehensive payment system, offering a wide range of services from ATM withdrawals to online payments.

QR Payment

QR Payment

QR Payment

QR Payment is a modern payment method that utilises codes.

Interac

Interac

Online banking

Interac Online is one of Canada's leading electronic payment services.

M Pesa

M-Pesa

Mobile money

M-Pesa is a groundbreaking mobile money service introduced by Safaricom.

NIP (Nigeria Interbank Payment)

NIP

Online banking

NIP is an electronic payment solution that enables seamless and secure fund transfers.

Ecocash png

Econet Ecocash

Econet Ecocash: Discover payment solutions in Zimbabwe

EcoCash provides financial transactions in Zimbabwe. Discover payment solutions at spoynt.com

Logo (15)

Girocard

Girocard: Discover payment solutions in Germany

Girocard is the leading debit card payment system in Germany, with more than 100 million cards in circulation.  

Show all payment methods
Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.