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Instead of building and certifying a full Pix operation, the institution connects to BTG’s infrastructure and uses its authorization to process Pix transactions. This dramatically reduces the operational burden while maintaining the same user experience for end customers.

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A practical way to understand it

Indirect participation works like “borrowing” the required regulatory and technical layers from a licensed institution.
ScenarioDirect PixIndirect Pix
TransportationOwning an airplane and being a licensed pilotFlying using a commercial airline
Food serviceOpening your own restaurant with all legal permitsOperating inside a licensed kitchen
Real estateBuilding an entire buildingRenting an apartment in a completed building
In all cases, the goal is the same — but the responsibility and complexity shift dramatically.

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What changes in practice?

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For your institution

With Indirect Pix:
  • You do not need to obtain an ISPB or pass through BACEN certification
  • BTG handles regulatory compliance, connectivity, liquidity, and settlement
  • You can offer Pix much faster, with significantly lower operational overhead
  • You pay BTG for the service, instead of maintaining a full direct Pix operation
This is the fastest path to offering Pix with enterprise-grade compliance and lower onboarding complexity.

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For your end users

Nothing changes. Customers continue to:
  • Send Pix
  • Receive Pix
  • Scan QR Codes
  • Use Pix keys
  • Request refunds
The experience is identical to any other Pix operation.

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Important note

Indirect Pix does not alter the core mechanics of Pix. All standard Pix domains continue to operate the same way:
  • DICT (Pix key registry)
  • Transactions (cash-in, cash-out, refunds, settlement flows)
  • QR Codes (static, dynamic, due-date models)
  • MED (Special Refund Mechanism)
The difference lies only in who is responsible for connecting to BACEN and maintaining regulatory compliance.
Stay tunedIndirect Pix API via BTG will be available soon.