Ebanx and Pagaleve Use Pix to Offer BNPL in Brazil

Ebanx and Pagaleve have partnered to enable consumers in Brazil to pay in installments using the country’s instant payment system, Pix . The companies’ Pix 4x solution allows consumers to pay in four biweekly installments, including the first payment that is made at checkout, they said in a Tuesday (July 28) press release . Because it allows installment purchasing without a credit card, Pix 4x makes this option available to the 60 million consumers in Brazil who don’t have a credit card, as well