Cash PIX of up to BRL 2,000: Get to know the Saque e Pague service

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Starting this quarter, Brazilians can deposit money at any bank via PIX without having to go to a bank branch. In this way, the network of ATMs with Withdraw and Pay gained this function, with the possibility of a service worth up to 2,000 reais. Check out more information!

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Withdrawal and Pay Service

The Saque e Pague service is provided by a technology company with a self-service network that serves three audiences retailers, individuals and financial institutions, with multiple self-service locations across the Brazil.

The ATM network offers fast deposits, a new service that allows these cash remittances to be made without envelopes or trips to a bank branch. The amount deposited is transferred directly to the desired person's PIX key.

Thus, the Saque e Pague network understands that the technology needs to be easy to understand, provide inclusion to users and lead the company to launch new products for customers. That is, users of

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fintechs no need to look for a lottery to perform this service.

How does this service work?

Transactions are carried out simultaneously all day, which is one of the advantages of this service, since at a bank branch, cash deposits are cleared at the end of banking hours or on the working day Following.

As it is a service offered through the PIX, deposits can be made at any financial institution that offers this feature. However, it is important to note that the deposit limit is up to BRL 2,000.

To withdraw money through PIX, you need to generate a QR code at one of the company's ATMs. Once obtained, the user must enter the desired amount in the terminal and pay through the application of their financial institution.

This service can be done between all banks that offer PIX functionality. If there is a problem with a transaction and it is not completed, the Saque e Pague network will refund the customer within 20 minutes. If it does not occur within the time frame, the person can call the company and resolve the issue.

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