PayBrokers is a digital payment platform that facilitates instant deposits and withdrawals through an integrated API, enabling seamless online transactions for Brazilian users without the need for a PayBrokers account. The platform enhances payment security and compliance while providing 24/7 multilingual support, addressing the challenges of international e-commerce for merchants and consumers alike.
Funding
Funding not disclosed
Founders
Product
Problem
International e-commerce merchants face challenges in processing payments from Brazilian users due to local payment preferences and regulatory complexities. Brazilian customers often lack access to traditional payment methods for international transactions, leading to friction and abandoned purchases.
Solution
PayBrokers provides a payment facilitation platform that enables international merchants to accept payments from Brazilian customers via local methods, including Pix, without requiring users to create a PayBrokers account. The platform offers a single API integration for merchants to access multiple payment options, streamlining the payment process and improving conversion rates. PayBrokers handles currency exchange, risk management, and compliance with Brazilian regulations, allowing merchants to focus on their core business. The platform also features a transparent checkout experience, keeping customers on the merchant's site throughout the payment process.
Target Audience
The primary target audience includes international e-commerce merchants seeking to expand their reach to the Brazilian market, as well as iGaming companies operating in Brazil.
Features
- API integration for instant deposits and withdrawals
- Support for Pix, the instant payment system managed by the Central Bank of Brazil
- Transparent checkout, allowing customers to complete transactions without redirection
- 24/7 multilingual customer support
- Compliance with Brazilian Central Bank regulations
- Fraud prevention and chargeback management
- Back office tools for relationship management with banks and risk analysis