Boku goes live with Pix payments in Brazil

Boku goes live with Pix payments in Brazil

Boku, a local payments partner for global commerce, has announced it is now live and processing transactions via Pix in Brazil, marking a significant step in the company’s expansion into one of the world’s major real-time payments markets.

The milestone follows the award of a Payment Institution licence by the Central Bank of Brazil in April 2025, with the company having since obtained all necessary regulatory clearances to begin live operations.

Pix has emerged as Brazil’s dominant payment method, processing more transactions domestically than Visa and Mastercard combined, it claimed. In fewer than five years since its introduction, the system has been adopted by over 150 million Brazilians, representing approximately 70% of the population.

Merchants operating in the country increasingly view Pix as an essential payment option. Through Boku, they can now offer account-to-account (A2A) payments via the Sistema de Pagamentos Instantâneos (SPI) network, with settlement available both locally and cross-border.

From launch, Boku supports one-time Pix payments, with plans to expand its capabilities further. The company’s roadmap includes Pix Automatico, which will enable recurring payments, and Pix JSR, a solution that allows Pix transactions without requiring a redirect. These additions are intended to support tokenised recurring payments, cross-border flows and other next-generation payment use cases.

Boku CEO Stuart Neal said, “Boku is now live and open for business in Brazil. This is an important milestone for our merchants and for any global business looking for a regulated, scalable route into Brazil. Pix has become a must-have payment method in Brazil, and it also reflects a much bigger shift in global payments.

“Governments, regulators and consumers are increasingly backing domestic payment infrastructure that is fast, secure and built around local needs. That movement towards payment sovereignty is reshaping how global merchants need to operate.

“By connecting through Boku, merchants can access one of the world’s most successful real-time payment systems through a regulated partner that understands both global commerce and local payment infrastructure. As Pix expands into recurring payments, cross-border flows and new credit use cases, Boku is well positioned to help merchants capture the next generation of payment growth in Brazil. With Pix, we are offering a seamless, regulated gateway to 150 million consumers that bypasses the friction of traditional card networks.”

 

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