Brazilian digital banking giant Nubank is introducing a feature that enables customers to make in-store transactions by tapping their phones, utilizing the country’s Pix instant payments system.
Customers with a Pix key registered with Nubank and an Android device can perform contactless payments at any compatible point-of-sale terminal, with confirmation through biometrics or a password. They will have the option to pay using their account balance or credit, with the ability to split payments into up to 12 installments.
To enhance user convenience and increase adoption, a shortcut for tap-to-pay Pix can be added directly to the customer’s phone home screen. Launched in late 2020, the Pix payment system, operated by the central bank, has quickly become the most popular payment method in Brazil.