The instant payment system, referred to as real-time payment (RTP) or account-to-account (A2A), plays a crucial role in the Brazilian market. Pix via Open Finance coexists alongside cash and card payments in certain cities, offering inDrive users across Brazil multiple payment options.
Once selected, passengers and delivery customers are guided through a streamlined in-app process to complete their payments using their chosen bank. Drivers receive funds directly into their accounts instantaneously, streamlining the transaction and eliminating the need for manual data exchange.
Unlike traditional Pix experiences, which might require users to switch apps or manually enter information, inDrive uses Pix via Open Finance integrated through Belvo’s regulated infrastructure. This integration allows a seamless payment journey, where users can authenticate and complete transactions directly within the app. Furthermore, as a Payment Initiation Service Provider (PISP) under regulatory oversight by the Central Bank of Brazil, Belvo ensures secure and compliant operations.
According to PCMI data, over 90% of adults in Brazil regularly use Pix. As of May 2025, more than half of inDrive users were manually transferring payments within the app, reflecting a strong preference for this method. By embedding Pix directly into its platform, inDrive enhances user convenience and optimizes transactions.
Through its partnership with Belvo, inDrive enables secure bank account linking without processing or holding any funds from users, ensuring transparency and regulatory compliance.
Additional Updates
In February 2025, Belvo announced plans to launch Biometric Pix, aimed at further enhancing the instant payment experience in Brazil.
The Biometric Pix solution was designed to optimize instant payments with enhanced security and convenience for both users and businesses. Developed by the Central Bank of Brazil since November 2024 and tested with financial institutions and intermediaries, Belvo launched Biometric Pix within the prescribed regulatory framework.