logo

PPRO adds Pix Automático to paymens platform

Finextra16-06-2025
PPRO, the leading local payments platform, today announced the launch of Pix Automático on the PPRO platform, on day one of the Central Bank of Brazil's live rollout.
0
This newest enhancement to Brazil's instant payment system, Pix, offers consumers an effortless and cost-effective way to manage recurring payments, by enabling seamless cross-regional recurring transactions.
Pix Automático, developed by the Central Bank of Brazil, allows consumers to authorise recurring payments such as subscriptions, utilities, and memberships with a single upfront consent. This eliminates the need for manual approvals with each transaction, reducing friction and improving retention in the payment journey. Additionally, it provides the 60 million Brazilians without credit cards to access these services, significantly boosting financial inclusion across the country.
With a sandbox and documentation for Pix Automático available through PPRO, merchants and Payment Service Providers (PSPs) can benefit from:
● Access to Brazil's preferred instant payment method - now with recurring capabilities.
● Optimised conversion and retention - frictionless recurring flows reduce payment declines and subscriber churn.
● Faster time to market - plug-and-play functionality via PPRO's platform accelerates access to Brazil's 174m+ Pix users.
● Trusted infrastructure and local expertise - built on the same local payments backbone trusted by leading global brands.
'Recurring payments are a powerful engine for growth and Pix Automático is set to transform how consumers in Brazil engage with subscriptions and other repeat services,' said Motie Bring, CEO at PPRO. 'Our mission is to help PSPs and merchants tap into local payment preferences with ease, and Pix Automático is another key step in delivering on that promise.'
This rollout builds on the success of PPRO's Subscriptions for Local Payments solution launched earlier this year, reaffirming the company's commitment to enabling smarter local payment experiences across high-growth markets.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Brazil aims to triple trade flows with India, Lula says
Brazil aims to triple trade flows with India, Lula says

Reuters

time08-07-2025

  • Reuters

Brazil aims to triple trade flows with India, Lula says

BRASILIA, July 8 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday his country aims to triple trade flows with India from $12 billion last year "in the short term," without giving a more specific time frame. Speaking alongside Indian Prime Minister Narendra Modi after a state visit in Brasilia, Lula also said Brazilian planemaker Embraer ( opens new tab wants to strengthen its presence in India, partnering with companies there. Lula also said that expanding a preferential trade agreement between India and South American bloc Mercosur could help reduce both tariff and non-tariff barriers that are limiting trade.

PPRO appoints Michelle Eischeid as CFO
PPRO appoints Michelle Eischeid as CFO

Finextra

time07-07-2025

  • Finextra

PPRO appoints Michelle Eischeid as CFO

PPRO, the leading local payments platform, has announced the appointment of Michelle Eischeid as Chief Financial Officer (CFO). 0 In her role, Michelle will spearhead PPRO's global financial strategy, financial planning and operations, and investor relations, as the company continues to scale its platform and expand its international reach. Michelle brings over two decades of experience across financial leadership roles in global payments, banking technology, and fintech. She most recently served as Interim Group CFO at Planet, where she was also SVP - Commercial Finance and Deputy CFO. There, she led strategic initiatives focused on revenue growth and margin enhancement. Prior to that, Michelle was in the leadership team at FIS, including Divisional CFO for Wealth Retirement and International Banking & Payments. She managed a $1.5 billion P&L and led global teams across the US, LATAM, Europe, and Asia. Her earlier career includes executive roles at Worldpay, where she oversaw global pricing strategy for the eCommerce business and supported product expansion into new markets. Michelle's breadth of experience in financial transformation, commercial optimisation, and business partnering further reinforces PPRO's commitment to building a scalable, performance-led organisation. Upon joining PPRO, Michelle Eischeid said, "PPRO is a respected and enviable force at the centre of the local payments ecosystem. I'm looking forward to partnering with Motie and the leadership team as we chart the next phase of PPRO's growth. I look forward to helping deepen our customer relationships, strengthen our financial operations, and support the business in achieving its global ambitions." Commenting on Michelle's appointment, Motie Bring, CEO at PPRO, stated, "Michelle brings an exceptional mix of financial, strategic, and commercial experience to PPRO. Her leadership will be instrumental in helping us scale responsibly while delivering strong value for our customers, partners and investors. We are excited to welcome her to the team."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store