back Back

SafetyPay unveils QR Codes for real time payments in Brazil

By Pavithra R

May 19, 2021

  • Brazil
  • Safetypay

SafetyPay unveils QR Codes for real time payments in BrazilSafetyPay, the leading digital alternative payments platform providing solutions across Latin America and Europe has announced the implementation of PIX as a payment method in the Brazilian Market to bring instant payments to life using QR codes.

The firm will facilitate the transfer and payments from any mobile phone in real-time, 24/7, including holidays and weekends. This payment method will facilitate payments in Brazil occurring in real-time with simple and fast transactions.

SafetyPay’s solution will allow non-credit cardholders and fraud-wary consumers to use PIX, a QR code containing all the customers’ banking information without sharing additional information online and pay for goods are services around Brazil. PIX is a platform that allows customers to make payments to all banks in Brazil through QR codes, a technological advantage that allows simplistic and instant payments.

“SafetyPay is committed to bringing instant real-time payments to customers wishing to use QR codes in their phones to pay any time, 24 hours, seven days a week, including weekends and holidays for any product or service within Brazil or to Brazil. This payment solution is aligned with our strategy of financial inclusion and facilitating cross border payment options for all customers. Offering a secure, risk-free, instant payment solution is key to tap a larger number of customers that either do not have credit cards or have them but do not want to use. Our payments solutions which leverage the latest technology to protect our customers and offer them the best experience online will contribute to a better and quicker online sales experience. PIX has grown exponentially in only a few months in operation, processing over 320 million transactions only in March,” said Gustavo Ruiz Moya, CEO, SafetyPay.

SafetyPay is a digital alternative payment platform provider across Latam and Europe. It currently partners with 380 banks in 17 countries worldwide, across Latin America, Europe and North America. The inclusion of PIX as a payment method in SafetyPay was a huge effort recently launched in Brazil for online merchants’ sales.

Previous Article

May 19, 2021

Wise joins Temenos MarketPlace to boost international money transfers

Read More
Next Article

May 19, 2021

Thunes raises US$60 million in Series B growth round

Read More

IBSi Daily News Analysis


July 19, 2024


SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 23, 2024

4 BNPL platforms providing financial freedom to consumers in MENA

Read More

July 23, 2024

Paytm & Axis Bank to offer POS solutions to merchants

Read More

July 23, 2024

Klarna integrates Sofort payment service with Klarna Payments

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024