Caixa is a well-known cash payment method in Brazil, facilitated through a network of banking and lottery locations. Originating from Caixa Econômica Federal, one of Brazil’s largest banks, this payment method allows consumers to pay bills, make purchases and deposit or withdraw funds by visiting designated physical locations. As it leverages an extensive network of Caixa branches, lottery agents and affiliated banks, Caixa has become a good choice for cash transactions within Brazil.
Caixa functions in-store by enabling consumers to complete various transactions using cash at any partnering bank or lottery outlet throughout Brazil. For example, a consumer might receive a boleto, similar to an invoice or payment slip, which they can pay in person using cash at any affiliated location. This method provides convenience to users who prefer using cash or do not have access to online banking or credit cards. Caixa is particularly popular for paying utility bills, taxes, and online purchases via the generation and payment of boletos.
Adopting Caixa as a payment method for your business is highly beneficial, especially if you’re catering to Brazilian consumers. By accepting Caixa, you expand your payment options, accommodating customers who prefer or require cash transactions. This adaptability enhances your brand’s appeal and accessibility, potentially leading to higher conversion rates and sales.
Contact Rapyd today to learn more about how you can leverage Caixa and other local payment methods to increase cart conversions and sales with 900+ local and alternative payment methods worldwide.
This Payment Method Is:
Rapyd supports Visa, Mastercard and hundreds of local and alternative payment methods, including Caixa. With Rapyd, your business can accept credit card payments worldwide and offer alternative payment options tailored to local markets.
This website uses cookies.
Read More