Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Fintech»InDrive Partners With Belvo to Facilitate Pix via Open Finance on Its Platform
    Fintech

    InDrive Partners With Belvo to Facilitate Pix via Open Finance on Its Platform

    FintechFetchBy FintechFetchJune 13, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The global mobility and urban services platform, inDrive has now expanded its services in Brazil with technology provided by open finance platform, Belvo. Now, customers will be able to pay seamlessly with Pix when utilising inDrive’s ride-hailing and delivery services.

    Using Pix via open finance reflects inDrive’s commitment to providing limitless payment choices when using the company’s services. Working with Belvo, the new feature enables fast, secure, and intuitive Pix transactions — fully embedded within the inDrive app.

    Stefano Mazzaferro, Brazil country manager at inDrive

    Stefano Mazzaferro, Brazil country manager at inDrive, commented: “We believe true innovation doesn’t always mean creating something new — sometimes, it means making what people already love and do even better. Pix is part of everyday life in Brazil, and by making it seamless, we’re giving our users the freedom to pay on their terms, in a way that’s at the same time natural, safe, and fast.”

    How it works

    The instant payment system — commonly referred to in the industry as RTP (real-time payment) or A2A (account-to-account) — marks a significant breakthrough in the Brazilian market. With Pix via open finance now available alongside cash and card, in some cities, inDrive users across Brazil can choose exactly how they want to pay.

    Once the option is selected, passengers and delivery customers are guided through a simple in-app flow to complete payment via their preferred bank. Drivers receive funds directly to their bank accounts in real time — with no manual data exchange required. The shift to seamless Pix isn’t just about following trends — it’s about meeting people where they are.

    Unlike the traditional Pix experience, which often requires switching apps or manually entering data, inDrive leverages Pix via Open Finance through Belvo’s regulated infrastructure. This allows for a fully embedded payment journey — where users authenticate and complete the transaction without ever leaving the app. It’s Pix, reimagined for a truly frictionless experience.

    In addition to freedom of choice, the new flow brings tangible benefits for all users. For drivers, it means fewer cash-handling risks, faster and guaranteed payouts, and a smoother daily workflow. For passengers, the experience is frictionless — after a one-time setup, Pix becomes the default payment for future trips, with no extra steps required.

    Connecting users to their financial institutions

    According to PCMI data, over 90 per cent of Brazil’s adults use Pix regularly, and more than 50 per cent of inDrive users were already manually transferring Pix payments within the app. By embedding Pix directly into the platform, inDrive is not only enhancing convenience but also deepening local relevance in one of its most important markets.

    Through this partnership with Belvo, inDrive securely connects users to their financial institutions while maintaining a true peer-to-peer model. The platform does not process or hold user funds, ensuring transparency and regulatory alignment in these transactions.

    Leandro Piano, CFO, Belvo
    Leandro Piano, CFO, Belvo

    Leandro Piano, CFO, Belvo, added: “Our mission at Belvo is to empower companies like inDrive to harness the full potential of Open Finance and deliver faster, safer, and more efficient payment solutions to their customers. Pix via Open Finance represents a major step forward in digital payments, making transactions simpler and more accessible.

    “With this partnership, inDrive strengthens its commitment to offering greater payment flexibility and options to its users in Brazil, while Belvo continues to expand Open Finance’s impact across the region.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHow Diverse Leadership Gives You a Big Competitive Advantage
    Next Article Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt
    FintechFetch
    • Website

    Related Posts

    Fintech

    How AI is Redefining Financial Infrastructure: From Embedded Lending to Autonomous Finance: By Raktim Singh

    August 6, 2025
    Fintech

    View From My Market with Paymentology: Fintech 2.0 – What Europe Is Getting Right in 2025

    August 6, 2025
    Fintech

    Biometric Payments Are Here: What This Means for Security and UX: By Ruchi Rathor

    August 6, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Capital One Spark Business Credit Cards: Overview & Comparison

    February 5, 2025

    U.S. Exchanges Push SEC to Speed Up Crypto ETF Listing Rules

    July 31, 2025

    Dogecoin Flashes Rare Buy Signal—But One Move Could Ruin It

    June 25, 2025

    Virgin Media O2 Partners With Money Wellness to Enhance Financial Support for Struggling Customers

    May 30, 2025

    3 Reasons Why Shiba Inu (SHIB) Could be on the Verge of a Price Rally

    May 5, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    SharpLink Loads Up on $180M Worth of ETH in 5 Days

    July 15, 2025

    Dogecoin Shows Signs Of A Trend Reversal With This Key Chart Pattern

    May 28, 2025

    Major Breakout Or Breakdown Imminent?

    May 19, 2025
    Our Picks

    Here’s Why Uniswap Feels Undervalued at $6 Billion

    August 6, 2025

    At £10.85, are Rolls-Royce shares a slam-dunk buy?

    August 6, 2025

    Dogecoin Whales Buy The Dip: $1 Billion DOGE Added

    August 6, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.