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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

Alipay+ payment method

Acquirer

Alipay SG, Alipay US, Alipay BR

Acquiring region

SG, AU, HK, US, BR

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 screenshots show the user experience of paying the first installment with Pagaleve:

幻灯片1.PNGFigure 1. First installment payment process with Pagaleve

Subsequent installment payment

The following screenshots show the user experience of paying the subsequent installments with Pagaleve:pagaleve [自动保存的].png

Figure 2. Subsequent installment payment process with Pagaleve