Payment Provider

Pix

Brazil's instant payment rail, built for iGaming.

Pix is the instant payment system created by Brazil's central bank, and in just a few years it has become the way Brazilians move money. Working 24/7 with settlement in seconds, Pix lets players pay from any bank or wallet by scanning a QR code or sharing a simple key. For operators entering Brazil, Pix is not optional: it is the number-one deposit rail, offering real-time pay-ins and pay-outs at very low cost in Brazilian reais.

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About

What Pix is

Pix is an instant payment platform launched in 2020 by Banco Central do Brasil, Brazil's central bank, which owns and operates the system. It allows individuals and businesses to send and receive money in Brazilian reais (BRL) instantly, at any time of day, every day of the year. Instead of card numbers, Pix uses simple identifiers known as Pix keys, such as a phone number, email, tax ID, or a randomly generated code, as well as dynamic QR codes for one-off payments. Adoption has been remarkable: within a short period Pix became the most widely used payment method in Brazil, reaching hundreds of millions of registered keys and handling billions of transactions across the population. It is available through virtually every Brazilian bank and payment app, so players can pay directly from the account or wallet they already use. Settlement is genuinely instant and runs on a 24/7 basis, covering both pay-ins and pay-outs, while fees for consumers are typically near zero. This combination of speed, ubiquity, and low cost has made Pix the default way Brazilians transact online, including for entertainment and gaming spend.

Why operators choose it

Why operators offer Pix

Brazil is one of the largest and fastest-developing iGaming markets, and Pix is the key that unlocks it. Localisation here is decisive for conversion.

  • Unlocks Brazil: As the country's number-one deposit rail, Pix is effectively a requirement for serving Brazilian players at scale.
  • Higher conversion than cards: Card penetration and approval rates in Brazil lag behind Pix, which most players prefer for online payments.
  • Instant 24/7 settlement: Real-time pay-ins and pay-outs mean players deposit and receive winnings without waiting, supporting engagement and retention.
  • Very low cost: Near-zero fees make Pix efficient for high-volume, lower-value deposits typical of the mass market.
  • Trust and familiarity: Backed by the central bank and used daily nationwide, Pix carries strong local credibility.

Offering Pix positions an operator to compete seriously in the Brazilian market.

Integration with SoftVault

Pix through SoftVault

SoftVault provides access to Pix through a single payment integration connected to 300+ payment providers, removing the need to build a direct Pix connection yourself. When enabled, Pix appears in the cashier for eligible players in Brazil, letting them deposit and withdraw in Brazilian reais using a Pix key or QR code within the flow they already recognise. The unified integration lets you activate Pix as part of a wider localised payment strategy without a standalone technical project. Because Brazil operates a regulated iGaming framework and availability depends on your licensing and target regions, operators should confirm eligibility and configuration with SoftVault before launch. The SoftVault team can help align Pix with your routing, currency, and cashier setup so it fits your broader payment mix. Applicable transaction fees and commercial terms are confirmed during onboarding, so your Brazilian offering reflects both your regulatory position and your commercial goals from day one.

Frequently Asked Questions

Which market does Pix serve?

Pix serves Brazil. It is the country's instant payment system, run by the central bank, and is the leading deposit method for Brazilian players, transacting in Brazilian reais (BRL).

How fast is Pix?

Pix settles in real time and operates 24/7, including weekends and holidays. Both deposits and withdrawals are effectively instant, so players fund accounts and receive payouts within seconds.

What does Pix cost?

Pix fees are very low and typically near zero for consumers, which makes it well suited to high-volume, mass-market deposits. Operator-side commercial terms are confirmed with SoftVault during onboarding.

How do operators add Pix via SoftVault?

Pix is available through SoftVault's single integration to 300+ providers. After you confirm licensing and market availability with SoftVault, Pix appears in the cashier for eligible Brazilian players.

Key facts
Founded
2020
Headquarters
Brazil (Banco Central do Brasil)
Type
Local / APM
Regions
Brazil
Currencies
BRL
Settlement
Instant 24/7 pay-in and pay-out
Fees
Very low / near-zero
Best for
The #1 deposit rail for the Brazilian market

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Launch with 300+ payment methods through a single SoftVault integration.
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