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Transaction

A PIX transaction, in the Brazilian instant payment ecosystem, is a fast and secure method to transfer funds between accounts in real-time, 24/7, including weekends and holidays. It's facilitated by the Central Bank of Brazil's innovative infrastructure, allowing for seamless transactions across different financial institutions.

It allows users to transfer money or make payments in several ways, using:

  • DICT Keys: Unique identifiers such as email, phone number, CPF (Individual Taxpayer Registry Number), or CNPJ (National Registry of Legal Entities) linked to a bank account.
  • QR Codes: Dynamically or statically generated codes that contain transaction information.
  • Bank Instructions: Entering the recipient's bank account details manually if a DICT Key or QR Code is not available.

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