A bank transfer is a transfer of money from one bank account to another. The bank accounts can be from the same or different banks, as well as from the same or a different country.
The electronic money transfer is very useful for the customer who does not want to use a debit or credit card. It is also good to make a quick transfer. But that’s not the only advantage of offering bank transfers as a payment method for your customer. Here is some more:
Cheaper and safe
The entire process is digital and encrypted, which means that Pix is protected by the Central Bank. The same authentication and encryption security measures adopted when carrying out other payment methods, such as bank transfers, are used for the treatment of transactions via Pix.
Transactions are also traceable, which means that the institutions involved can, at the request of the competent authorities, identify the origin and destination account holders of any and all Pix payment transactions, unlike cash withdrawals.
Convenience for your business and for your customer
Bank transfers allow your business to create and organize automatic payments, which is great for businesses who offer monthly subscriptions. In addition, electronic money transfers allow the person to bill money directly from your account.
Your customer also does not have to walk to the bank to transfer money overseas or domestically because he can do it anywhere, anytime.
Reach the full potential of Brazil’s market and business opportunities with Paylivre’s payment system.