Automatic Pix allows recurring payments to be made with just one authorization from the customer, eliminating the need for payment slips, bank agreements or credit cards. Ideal for monthly payments, subscriptions, invoices and ongoing services, the feature offers instant settlement, lower default rates and greater autonomy for the consumer.
“Brazil is paving the way for the future of recurring payments, and Automatic Pix is the foundation of this new phase. Being among the first to offer this functionality is not just a strategic move — it is a natural extension of our commitment to local innovation and real financial inclusion,” says Leonardo Montenegro Chaves, CEO LatAm at OKTO.
An infrastructure prepared from the start
OKTO was one of the first companies in the digital payments sector to prepare for the launch of Automatic Pix, integrating the solution with OKTO BANK — its regulated local banking structure, with direct connection to the Central Bank system. Since April, the company has been promoting the solution with betting operators, fintechs, educational institutions, clubs and SaaS platforms.
“The market has already understood that the future is recurring, frictionless and without dependence on cards. Automatic Pix is a game changer because it democratizes billing and brings predictability to companies of all sizes. With it, even microentrepreneurs can scale with high-level banking efficiency,” adds Leonardo Chaves.
Strategic benefits for companies and consumers
Automatic Pix delivers significant advantages for both companies and payers:
For companies: reduced default, instant settlement, lower operating costs, integration via Pix API, access to consumers without a card.
For end users: autonomy to cancel authorizations, transparent management, fluid digital experience, without the need for a credit card.
The impact is especially relevant for the more than 60 million Brazilians who do not have access to a card, but who can now contract recurring services with security and control.
OKTO
OKTO is a global payments technology company, operating in Europe, Asia and Latin America. In Brazil, it operates as a licensed financial institution through OKTO BANK, offering solutions such as Pix Biometrics, Pay and Play 2.0, Automatic Pix and digital wallets. The company processes billions of reais in monthly transactions and serves operators, fintechs and digital platforms with a focus on security, innovation and regulatory compliance.
For more information visit: www.oktopayments.com.br and www.oktopay.com.br
Source: GMB
