iGaming Brazil

Pix leads betting payments in Brazil in 2024, according to Pay4Fun research

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Foto: Marcello Casal JrAgência Brasil

Pix has established itself as the main payment method for online betting in Brazil during the year 2024. Pay4Fun, a payment institution, authorized by the Central Bank of Brazil, and a pioneer in its sector, announced that Pix dominated 96.72% of financial transactions in the period analyzed.

This preference highlights the speed and convenience offered by this instant payment system, which has quickly become a popular choice among bettors.

Pay4Fun‘s research included the main betting houses in the country, all integrated into its platform. This allowed for a great range and diversity in the data collected.

Users from all Brazilian states adopted Pix, demonstrating a national preference for this method. They recognize Pix as the most effective option for carrying out fast and secure transactions.

Leonardo Baptista, CEO and co-founder of Pay4Fun, commented on Pix’s leadership: “Pix has, without a doubt, become the main choice among bettors. Its practicality, security and speed make all the difference in a sector that requires agility in transactions.”

Payment methods beyond Pix

In addition to Pix, other payment methods such as electronic wallets, bank transfers and bank slips represented a small fraction of total transactions.

Electronic wallets contributed just 1.47% of the total, while bank transfers and bills were even further behind, with 1.36% and 0.45%, respectively.

Therefore, in 2025, Pay4Fun decided to operate exclusively with Pix, demonstrating its confidence and the expectation that the popularity of this method will continue to grow. This movement reflects the company’s commitment to the continued advancement of Pix as the best solution for online games, considering its efficiency and reliability advantages.

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