O Automatic pix It was presented by the Central Bank (BC) on the morning of Wednesday (4) in São Paulo. The new modality allows you to schedule recurring payments for services and products.
that do not have credit card have access to services.
Automatic PIX is designed to allow consumers to authorize once the recurring payment of accounts such as electricity, water, telephone, school tuition, gyms, condominiums, signatures, health plans and insurance. The tool will go into operation on June 16th.
Performed by Opinion Box at the request of Adyen, a paying technology provider. The survey shows that 30% of users say that “they will certainly use the functionality”, while another 60% say they consider the use.
How will automatic pix work?
According to the Central Bank, customers will be able to enable automatic Pix by notification in the bank’s application or financial institution. The customer gives the data, such as values, recovery identification, periodicity and date of debt, and then confirms the authorization of the automatic pix.
It will also be possible to enable the automatic pix with the service company or product. The customer chooses to pay with the automatic pix, selects the bank, checks the payment data and is automatically directed to the account application to confirm the authorization.
Automatic pix authorization can also be granted, or not combined with a payment by reading a QR Code or a Pix Copy and Glue.
This is the case of companies that generate a payment invoice or those that require an immediate payment for the release of a service, which can offer automatic Pix to their customers in the same QR Code as used for payment of invoice or service.
What services can be paid with automatic pix?
According to the Central Bank, Automatic Pix can be used to pay water bills, electricity, telephone, services such as internet, school tuition, gyms, financial services such as insurance, among others.
Companies may link products or services charges with weekly, monthly, quarterly, semi -annual or annual frequency.
What is the main difference between automatic account debt and automatic pix?
Automatic Pix can authorize payments 24 hours a day, on the seven days of the week, unlike automatic debt, which allows payments only on business days and with hours determined individually by each bank.
Another difference is that automatic debit is an agreement between companies, banks and payment services, which makes it more expensive and difficult for companies, while Pix is a simpler system.
Will there be any charges on the automatic pix?
Automatic pix mode will not be charged from customers service payers or product. On the other hand, there will be fees for banks and companies that offer this means of payment to customers because of the provision of services between them.
Is it possible to cancel the automatic pix?
Yes, it is possible to cancel the automatic pix. The cancellation of an authorization implies the cancellation of the recurrence and vice versa. The cancellation is immediate, but if there are pre-existing schedules with expected settlement for the same day, they will be kept.
Upon cancellation of the recurrence, the receiving user can no longer send payment instructions to future debts.
