Latest news with #MotieBring
Yahoo
18-06-2025
- Business
- Yahoo
PPRO integrates Pix Automático for recurring payments in Brazil
Payments platform PPRO has integrated Pix Automático into its services, aligning with the Central Bank of Brazil's official deployment. This enhancement to Brazil's instant payment system, Pix, aims to streamline recurring transactions for consumers. Pix Automático, a development by the Central Bank of Brazil, enables consumers to set up recurring payments for services such as subscriptions, utilities, and memberships with one-time authorisation. The service targets Brazilians lacking access to credit cards, as it provides an alternative means to engage with recurring payment models. For merchants and payment service providers (PSPs), PPRO's platform now includes a sandbox and documentation for Pix Automático, allowing them to offer Brazil's preferred instant payment method with added functionality for recurring payments. The move aims to support improved conversion and retention rates by minimising payment declines and reducing subscriber turnover. PPRO's platform also offers a plug-and-play feature, which is expected to provide expedited access to Brazil's Pix user base. PPRO CEO Motie Bring said: 'Recurring payments are a powerful engine for growth and Pix Automático is set to transform how consumers in Brazil engage with subscriptions and other repeat services. Our mission is to help PSPs and merchants tap into local payment preferences with ease, and Pix Automático is another key step in delivering on that promise.' This development follows PPRO's earlier launch of a Subscriptions for Local Payments solution. In February, PPRO secured principal membership with the European Payments Initiative (EPI) for Wero. PPRO's EPI membership is set to offer clients multiple access points to Wero, including sponsored associate membership, payment facilitator access, or as a technical gateway. "PPRO integrates Pix Automático for recurring payments in Brazil " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Finextra
30-05-2025
- Business
- Finextra
PPRO launches subscriptions for local payments
PPRO, the leading local payments platform, today announced the launch of Subscriptions for Local Payments. 0 The dedicated solution empowers Payment Service Providers (PSPs) and merchants operating in the subscription economy to accelerate growth through optimised local payment strategies. The new solution enables customers to optimise their payments strategy and checkout journeys through dedicated access to functionality that drives incremental revenue by expanding access to local consumers, increasing loyalty, and reducing cost to create and manage an optimised payment experience. Through Subscriptions for Local Payments, businesses can access: • The payment methods that matter in the subscription economy - local payment methods and local cards such as Twint and Bancontact with native recurring functionality. • PPRO-signature recurring enhancements - PPRO's advanced platform capabilities elevate schemes that don't offer native recurring, enhancing the functionality to become subscription-ready. • Feature flows fit for the subscription economy - Dedicated features help cut down on free trial abuse, reduce payment declines, allow flexible billing, make onboarding friction-free, and more. • Dedicated subscription expertise - focused on maximising conversion rates and minimising drop-offs, the PPRO team's deep local payments expertise serves as dedicated support to subscription customers. Motie Bring, PPRO CEO, said 'With the subscription economy projected to be worth almost $1 trillion by 2028, the opportunities and competition are rapidly intensifying for businesses operating subscription models. Local payments are central to capturing this growth, helping merchants and PSPs reach more customers and stay competitive in a growing market." With a growing number of consumers choosing to pay local, accessing some of the world's largest ecommerce markets means understanding and optimising recurring local payments, from local cards to local schemes. For subscription-based businesses, offering the right payment method at checkout, and the right features in place to optimise conversion and recurring payments, are critical to success for sustained growth and retaining a competitive edge.
