Belvo, the leading Open Finance infrastructure provider in Latin America, officially announces the launch of Biometric Pix Payments this Friday, February 28, 2025. This new solution promises to revolutionize instant payments in Brazil, bringing more security, speed, and convenience to businesses and consumers.
What is Biometric Pix?
Biometric Pix allows users to authorize transactions using their mobile device’s biometric authentication, eliminating the need for passwords or access to their banking app. This makes the payment journey smoother, reducing friction and fraud risks.
Developed by the Central Bank of Brazil, this feature has been in testing since November 2024, with the participation of major financial institutions and ITPs. Now, Belvo is bringing this innovation to the market, fully aligned with current regulations.
Benefits of Biometric Pix
Biometric Pix expands the possibilities for instant payments, offering key advantages:
- More security – Biometric authorization replaces passwords, reducing fraud risks and unauthorized transactions.
- Less friction – No need to scan QR codes, copy and paste Pix codes, or manually enter banking details.
- Versatility – Works for both in-person payments (via contactless Pix) and online transactions, ensuring a faster and more efficient experience.
Use cases for Biometric Pix
This new feature has the potential to transform multiple industries:
- Retail – Enables payments without cards or passwords, using only biometric authentication.
- E-commerce – Instant checkout without QR codes or Pix copy-paste, allowing one-click payments.
- Credit sector – Simplifies manual installment payments for loans.
- iGaming and sports betting – Provides a secure, regulated option for deposits and withdrawals.
Another major innovation is the integration of Biometric Pix with digital wallets, enabling contactless payments at POS terminals, just like credit and debit cards.
OneKey Payments adopts Biometric Pix
OneKey Payments, a Belvo client, is among the first to implement Biometric Pix, expanding its instant payment offerings. Already a user of Belvo’s Open Finance-powered Pix, the company is now bringing this innovation to its merchants and customers.
“Payment innovation is essential to delivering the best experience for our clients and users. Biometric Pix represents a major leap in security and convenience, and we are excited to be pioneers in this implementation with Belvo,” says César Garcia, CEO of OneKey Payments.
Belvo’s infrastructure for Biometric Pix
Beyond offering this innovative solution, Belvo provides its Infrastructure as a Service (IaaS), allowing other businesses to adopt Biometric Pix in a simple and scalable way. This ensures regulatory compliance and eliminates the need for complex technology investments.
“Biometric Pix is a significant step forward in the evolution of digital payments in Brazil. With this technology, transactions become even more secure and seamless, enabling businesses and consumers to enjoy a much more fluid and reliable payment process,” says Albert Morales, General Manager of Belvo in Brazil.
The future of instant payments
With Pix adoption growing rapidly, solutions like Biometric Pix open new possibilities for businesses looking to offer an even more convenient payment experience. Belvo continues to lead innovation in the Open Finance ecosystem, driving solutions that enhance efficiency and security in payments.
Want to learn more about integrating Biometric Pix into your business? Get in touch with us!