Business

Amazon to accept Brazil's real-time payments PIX

Amazon's competitor in Latin America, Mercado Libre has been accepting PIX payments since April

Amazon Brazil
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  • Amazon now accepts payments by credit cards and boletos in Brazil;
  • Amazon will hold Prime Day, an annual discount event for Prime members, on June 21 and 22 in Brazil;
  • Amazon has more than 300 open positions in Brazil.

During a press conference last week, when asked by a Tecmundo journalist, Amazon‘s country manager in Brazil, Daniel Mazini, said that Amazon will accept PIX instant payments in Brazil, but gave no timeline for the plan to come to fruition.

Amazon‘s competitor in Latin America, Mercado Libre, already accepts PIX payments in Brazil since April. According to Mercado Libre, payments via PIX enables faster deliveries, since the seller receives the value of the product in real-time and can already prepare the product shipment to the customer, an alternative to payments by boleto (a type of payment voucher or bank slip that Brazilians use to pay bills and purchases), which can take up to three days to be confirmed and generate processing and logistics costs for sellers.

READ ALSO: Brazil’s instant payments system PIX transactions surpasses traditional banking transfers in the country

Today, Amazon accepts payments by credit cards and boletos in Brazil. Amazon recently announced the launch of a shelf of imported products on the website and app with free shipping for Prime service customers in Brazil. The new catalog includes thousands of products from various countries in the categories of sports, books, music, electronics, beauty, fashion, pets, and others.

The store for international purchases makes it possible for Brazilian customers to buy items from foreign brands in the same environment where they already buy domestic items. As the products are charged in reais, the purchases can be made by bank draft or credit card and paid in up to ten installments.

Prime Day

Amazon will hold Prime Day, an annual discount event for Prime members, on June 21 and 22 in Brazil, the US, UK, UAE, Turkey, Spain, Singapore, Netherlands, Mexico, Luxembourg, Japan, Italy, Germany, France, China, Belgium, Austria, Australia, and Saudi Arabia.

READ ALSO: Amazon: Brazil will have imported products with free shipping and installment payment

According to Amazon, the discounts and free shipping will be available in all categories, including fashion, home and decor, beauty and personal care, electronics, toys.

“This will be the second edition of Prime Day in Brazil, after the first edition, in 2020, exceeded all our expectations. To get a dimension, during the first 24 hours of Prime Day, Prime members in Brazil bought more products than during Black Friday 2019,” says Mazini, in a press release. “Brazil was the country with the highest growth of Prime members in the world since the launch of the program in 2019,” adds the executive.

Amazon said that this Prime Day and for the rest of 2021 it will invest more than $100 million globally in actions that encourage customers to buy from small businesses that sell on Amazon.

READ ALSO: Amazon: the giant’s awakening in Brazil

Amazon recently opened 450 jobs in its distribution centers in Cajamar (SP). There are still more than 300 open positions in Brazil in Belo Horizonte, Brasília, Recife, Cajamar and São Paulo.

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