Pagaleve
Founded in 2021, Pagaleve is a buy now, pay later (BNPL) financial technology company based in Brazil. Pagaleve uses a payment system named Pix to split purchases into four installments without interest and without the need to use a credit card. Pagaleve aims to offer an alternative payment method that can boost sales, while simultaneously offering users the freedom to make desired purchases without being burdened by the high interest rates on credit cards.
Properties
The following table lists the product properties supported by Pagaleve:
Payment type | Buy now pay later | ||
Acquirer | AlipaySG, AlipayUS, AlipayBR | Merchant entity location | SG, AU, HK, US, BR |
Payment flow | Redirect | Refund | ✔️ |
Buyer country/region | Brazil | Partial refund | ✔️ |
Processing currency | BRL | Chargeback/Dispute | ❌ |
Minimum payment amount | 40 BRL | Refund period | 90 days |
Maximum payment amount | Unlimited | Time to return payment result | Real-time |
User experience
Note: The following payment flows on different terminals are reference only, and represent this payment method's flow on different terminal types. For supported merchants' terminal types, consult Antom Technical Support.
The user experience varies between the first installment payment and subsequent installment payments. The following graphics illustrate these differences: