PIX payments has transformed the way Brazillians can now play at online casinos. As an effective digital payment, it is safe and secure because it is operated by the Brazilian central bank.
The PIX platform facilitates transaction between consumers and merchants via a QR Code, without the need for sharing wallet, fintech provider or bank details.
Launched in November 2020, it has grown in use, particularly among online casino deposits and withdrawals.
Playing at online casinos, has therefore never been easier with PIX payment solutions.
Now that Brazil has a 24/7 digital payment solution, online gambling is now accessible at the click of a few buttons.
We’ve collated the best PIX online casinos for you to play at. They have been checked for safety and security, with Welcome Bonuses displayed for your convenience.
Top PIX Online Casinos
|1||Vegas Casino Online|
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|2||Slots Plus Casino|
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|3||Las Vegas USA|
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|5||Rich Palms Casino|
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How to use PIX to play at Online Casinos
- Create an online casino account
- Go to the Banking method section
- Select Qesh – PIX as the deposit method
- Click Start Transaction
- If this is the first time to deposit to the casino, you will need to carefully their details
- Enter the amount to be deposited
- A QR Code is displayed
- Scan the QR Code with smartphone internet banking app.
- The details of the transaction are displayed for confirmation
- Confirm payment
- Start Playing!
About PIX – the Perfect Online Casino Payment Method
Pre digital payment days, Brazilians had little need to abandon cash. Bank transfers were extremely expensive as well as the use of credit cards (2% on the cost of purchase). As a result, e-commerce in Brazil stalled due to cumbersome and cost inefficient transactions. Customers who wanted to avoid bank and credit card fees, had the option of choosing to print a payment slip (boleto), take the slip to a shop or post office, and hand over cash. This posed a problem for e-commerce, since not everyone who printed a boleto ended up going to a shop and handing over the cash. This caused many unfulfilled transactions to accumulate.
With the advent of PIX, Brazilians can now transfer monies through the use of QR Codes. By using QR Codes, users did not need to share bank, fintech or wallet details.
As of April 2022, over two thirds of Brazilians were using PIX, surpassing the use of debit and credit cards as the most popular payment method.
Though PIX is extremely popular in Brazil, its technology is not unique globally. Many other countries, such as India’s Unified Payments Interface also uses the same technology. Nevertheless, the success of PIX has been surprisingly quick in adoption.
Why use PIX?
There are several reasons to use PIX.
Ease of Use – for a start using PIX is easy to use. Establishing an account only takes a few minutes because identification can use the CPF (Tax ID), phone number or a random generated number.
Transferring money – is seamless and hassle free. The pain points of physically printing out a boleto is no longer necessary, and can be conducted 100% online.
Endorsed by Government – Lawmakers encouraged and endorsed the use of PIX. Big business and banks were compelled to use the PIX platform, especially during the COVID-19 pandemic when support payments could only be processed through PIX.
Ubiquitous – PIX is a common payment method that is now used by everyone in Brazil.
Cheap – processing a PIX payment is cheap. It is free to use for individuals, and is the lowest payment option for businesses.
Brazil Online Gambling Overview
- Caixa Econômica Federal (Caixa) holds an exclusive monopoly license on national lottery and fixed odds regional sportsbetting. State lotteries are operational and are responsible for their own regulation;
- Land based sports betting is limited to a handful of sports betting shops linked to horse racing tracks;
- A large black land-based market operates in Brazil. This is driven by an illegal street lottery called the “jogo de bicho” (The Animal Game);
- Poker is officially recognised as a game of skill by the Brazilian Ministry of Sport;
- Bingo has been present since 1993 and video bingo has been permitted since 1998. Bingo halls in Brazil operate in the grey market;
- Interactive gaming is not regulated, and offshore operators continue to accept players from Brazil.
- Under Brazilian law any game involving a bet is a crime according the Criminal Contravention Act of 1941. As this law still stands, any type of gaming activity that does not have its own regulations is considered to come under the Act. Consequently, sports betting remains banned as the Act determines a prohibition on sports betting, except for horse races at official racetracks;
- Lotteries, bingo and horse race wagering are the only forms of gambling authorised in Brazil;
- Brazil’s criminal contravention act does not contain any provision related to online gambling specifically but unlicensed offshore operators are prohibited from entering the market, though this has had little impact on grey market commercial operations;
- The gambling age is 18.
- Taxes on products vary between regions. Surplus from the lottery is circulated to fund education, culture and sports;
- The tax rate for the newly regulated sportsbetting market was set at 3% of turnover.
- Coordenadora da Criação do Cavalo Nacional (CCCCN); Department of Agriculture;
- Brazil’s Secretariat of Evaluation, Planning, Energy and Lottery (SECAP);
- The Brazilian National Bank for Social Development (BNDES);
- The National Forum of State Secretaries and Directors of Tourism (FORNATUR);
- Parliamentary Front in Defence of Tourism in Congress (FRENTUR);
- The Brazilian Tourist Board EMBRATUR;
- CONAR (National Council of Advertisement Self-Regulation) also responsible for editing regulations involving advertising and publicity, such as the Publicity Code and the Brazilian Code of Advertising Self- Regulation.
- Criminal Contravention Act 1941 (Law Decree No. 3688); 1946 Presidential Decree;
- Decree No. 50,954 of 14 July 1961 cancelled all lottery licences granted to the private sector;
- Act n° 13.155 2015, known as “PROFUT”;
- Bill 846/2018 (to Regulate Landbased and Interactive Sportsbetting.) Bill 846/18 became law 13,756/2018 when it was signed by then President of Brazil, Michel Temer in 2018.