3 apps for making PIX in installments: check out the best options
Do you want to buy something but don't want to compromise your budget? Then come and discover 3 apps for making PIX installments that you need to know about today!
There's no denying that PIX has come to change our lives and the way we deal with money, right? And the success of this payment method was so great that, after 2 years of its launch, PIX has already become one of the most widely used payment methods in Brazil, both for larger payments and for paying smaller amounts on a daily basis.
And what started as a new, more practical payment option has grown and given rise to new services. All to meet the demand of Brazilian users.
And it's about one of these 'additional' PIX services that we're going to talk about today!
Have you ever heard of PIX installments? Do you know how it works and which apps are known for offering this service? That's what we'll find out in today's text!
Here, we will introduce you to this PIX modality and which apps are the best options for you to carry out this operation! So if you want to guarantee some extra breathing room, I think that PIX installments may be an option!
What is PIX installments?
For those who are not yet familiar with this feature, we'll explain!
Pix installments represent an innovation offered by several digital banks, providing their customers with the opportunity to divide the value of their purchases and services into flexible installments. This feature ensures that the total amount is immediately credited to the beneficiary's account, while the installments are gradually debited from the payer's account.
This service operates similarly to a personal line of credit, allowing users the flexibility to choose the maturity date and number of installments desired at the time of signing up.
Benefits of opting for PIX in installments
Among the main benefits of opting for PIX in installments, the most attractive for the user are the following.
Greater flexibility
This is a point that the vast majority of consumers prioritize, especially when we are talking about higher value purchases.
Pix installments allow consumers to pay for their purchases in up to 12 installments, with lower interest and fees than those offered by credit cards.
Better financial control
Being able to buy what you want without losing control of your finances or getting into trouble at the end of the month is the goal of 9 out of 10 Brazilians. And PIX installments can be a great solution for those who want to buy something without losing control.
Pix installments allow consumers to pay for their purchases in installments without losing financial control, as the installments are debited directly from the checking account.
Democratization of access
Much more than just making life easier for Brazilians, with PIX installments, users' purchasing power tends to increase.
Pix installments democratize access to products and services, allowing consumers with lower purchasing power to pay for their purchases in installments.
3 apps for PIX installments that you need to know: discover the best options
Check out our short list of 3 app options for making PIX installments that you need to know about!
Digio
With Digio, you have the convenience of making Pix installments using your credit card limit, allowing you to split the payment into up to 12 installments. In addition, you can make purchases at any establishment and send Pix to individuals.
When you enter the desired amount in the app, the monthly fee of 9.9% is calculated automatically, along with the installment amount. To use Pix with your Digio credit card, simply choose the “Installments on DigioCard” option, select the desired number of installments and agree to the terms and conditions.
Remember that this option will only be available if you have sufficient credit on your credit card. With Digio, you have flexibility and convenience when using Pix in installments.
Mercado Pago
At Mercado Pago, you have the flexibility to use any credit card registered in your account to pay for Pix in installments. And for those customers who do not have a credit card, Mercado Pago offers a solution called Mercado Crédito, which is a line of credit specifically designed for companies.
With Mercado Crédito, you receive an amount available to make Pix installments in a simple and convenient way.
To take advantage of this tool, simply access your Mercado Pago account and select the “Transfer money” option. Then, choose the contact and the pre-registered account to which you want to transfer the money. Enter the desired amount and choose the card that is registered in your account. Finally, select the desired number of installments to complete the transaction.
Mercado Pago makes the Pix installment process easy and accessible, allowing you to use any credit card registered in your account or, if you prefer, use Mercado Crédito, a convenient solution for making your installment payments.
Nubank
The installment Pix offered by Nubank is directly linked to your credit card. To perform this operation, follow these simple steps: go to the Pix section in the app, choose the “Transfer” option and enter the recipient’s Pix number. Then, select the recipient’s bank and click “Choose how to transfer”.
In the next step, select the “Credit card” option and set the desired number of installments. It is essential to be aware that Pix Crédito transactions at Nubank are subject to interest and IOF charges, which may result in an increase in the amount to be paid. These charges can range from 4.4% for payments made in a single installment to 30.3% for payments made in up to 12 installments.
Therefore, Nubank offers the convenience of making Pix payments in installments, linked to your credit card, making the process easy and accessible. However, it is important to be aware of the fees and costs associated with these transactions.
Did you like the content we prepared today? Then I think you will also enjoy reading Demystifying Brazil Aid: Myths and Realities of the Program
