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, AlipayUS | Acquiring region | SG, AU, HK, US, BR, US |
Payment flow | Redirect | Checkout Payment | ✔️ |
Buyer country/region | Brazil | Auto Debit | ❌ |
Funds deduction | Real-time | Refund | ✔️ |
Processing currency | BRL | Partial refund | ✔️ |
Minimum payment amount | 40 BRL | Chargeback | ❌ |
Maximum payment amount | No limit | Refund period | 90 days |
User experience
The user experience varies between the first installment payment and subsequent installment payments. The following screenshots illustrate these differences:
First installment payment
The following screenshot shows the user experience of paying the first installment with Pagaleve:
Figure 1. First installment payment process with Pagaleve
Subsequent installment payment
The following screenshot shows the user experience of paying the subsequent installments with Pagaleve:![pagaleve [自动保存的].png](https://idocs-assets.marmot-cloud.com/storage/idocs87c36dc8dac653c1/1699595338296-5be8f649-fb25-4a07-80c9-3c9c740723c9.png "pagaleve [自动保存的].png")
Figure 2. Subsequent installment payment process with Pagaleve