What is Pix?
Pix is an instant payment system in Brazil. It allows money to be transferred between accounts in just a few seconds, without time or day restrictions. Pix is fast, secure, and can be used for various payments like card payments, boleto payments, cash withdrawals, and scheduling transfers.
With Pix, you don’t need to know which bank the recipient uses—just their Pix Key. Additionally, Pix allows QR code scanning, and both the sender and recipient are notified when the transaction is completed.
Pix Key
A Pix Key is an identifier for your bank account or digital wallet, chosen by the user. You can create up to 5 keys for a personal account and up to 20 keys for a business account. The allowed Pix Keys are:
CPF/CNPJ (Brazilian ID number or company registration)
Mobile phone number
Email address
Random Key (a sequence of numbers and letters generated by the Central Bank)
To learn more about how to create a Pix Key, click here.
How to Make a Pix Payment?
Open the app and go to the “Send” tab.
Select “Brazil-Pix”.
Enter the recipient's Pix Key or payment link.
Enter the amount to be transferred.
Choose the wallet from which the amount will be transferred and click “Continue”.
Review the transfer details and click “Send”.
If you want to make a Pix to a bank account:
Open the app and go to the “Send” tab.
Select “Brazil-Pix”.
Choose “Instead, enter the bank account number”.
Enter the recipient's bank account details and select the account type (Checking or Savings).
Click “Continue” and enter the amount to be transferred.
Choose the wallet that will be used for the transfer and click “Continue”.
Review the transfer details and click “Send”.
How to Receive a Pix Payment?
Open the app and go to the “Receive” tab.
Select “Reais”.
Click the Pix Key you want to share.
Choose one of the following options: copy key, share, or generate QR Code.
Share the information with the person who will send the Pix to you.
Pix Payment Limits
Daytime Pix: Up to R$10,000.00.
Nighttime Pix: Up to R$1,000.00.
You can change your Pix limits in the app. Increasing the limit depends on an evaluation by DolarApp, while reducing the limit is instant. To learn how to change your Pix limits, click here.
Pix Withdrawal and Change
Pix Withdrawal:
You can withdraw money at participating locations, such as stores or ATMs. The establishment will provide a QR code that you need to scan to perform the Pix withdrawal.
Pix Change:
Pix Change allows you to receive the difference between the value of the Pix and a purchase made at the store.
Limits:
Pix Withdrawal (Pix Saque): Up to R$3,000.00 during the day and R$1,000.00 at night.
Pix Change (Pix Troco): Up to R$3,000.00 during the day and R$1,000.00 at night.
Individuals are allowed up to 8 free withdrawals per month.
To learn more about Pix Withdrawal and Pix Change, click here.
How to Refund a Pix
To refund a Pix payment, follow these steps:
Locate the transaction in your statement and click on it.
In the transaction details, scroll down and click “Return Payment”.
If desired, enter the reason for the refund in the provided field.
Enter the amount to refund.
Click “Send Refund”.
Note: Pix refunds are only available within 90 days after receiving the payment.
How to Schedule a Pix Payment
Open the app and go to the “Send” tab.
Select “Brazil-Pix”.
Enter the recipient's Pix Key or payment link.
Enter the amount to be transferred.
Choose the wallet from which the amount will be transferred and click “Continue”.
Review the transfer details and edit the payment date.
Choose a date (up to 2 months in advance).
After reviewing the details, click “Schedule Payment”.