AstroPay keeps telling us they won’t clear 3-4% chargebacks on PIX Brazil, but EBANX just quoted a 1
Pix charging 3-4% on CB plus the PIX authorisation fail rate somewhere between 5-10pp—this is the kind of math that wipes a Brazilian acquisition overnight. I’m looking at EBANX quoting 1.99% interchange under PJ Bank and AstroPay waving me off. So who exactly wins here? The one still fighting with a 4% bomb in the corner, or the one getting the same coverage at half price?
Asking daft launch questions — that's the job.
Wait, PJ Bank — what even is that? Local acquiring under it?
Learning from the operators who did it, go easy 🙏
huh — you really got thrown into the PJ Bank deep end with zero babysitter huh
pix is pix, everyone knows that, but local acquiring? that’s where guys like PJ Bank strut in. think of it like this: you’re selling fruit at a market and the guy before you (your global psp) takes a 5% cut just for letting you stand there. PJ Bank is the actual farmer who hands you the fruit in the first place, and their take is 1.99% interchange because they don’t need some middleman telling them how to run their stall. astropay sits in the corner shouting “no can do, 3-4% chargeback bomb incoming” while ebanx walks past with pj’s invoice already stamped at the lower rate. local acquiring under pj bank means the transaction never leaves the country until it lands in your pocket at almost double the spread.
PJ Bank under EBANX—local, same-day settlement, 1.99 % interchange visible on the MID statement, zero FX drag. AstroPay/PayRetailers keep quoting you a global PSP pipeline that still routes PIX offshore first, so the chargeback they’re eating is 3-4 % of GGR with no leverage at the local acquirer level. Either side looks like the hero until your compliance team rings the bell on the 10 pp drop in auth approvals they get from routing everything through one global hub instead of PJ Bank’s rails. So who’s actually saving who here—is the “safe” global PSP the one with the grenade still in their hand?