Rendimento Pay

Rendimento Pay: Overview For Merchants

Rendimento Pay is a Brazil-based payment institution that provides card programs, POS acquiring, Pix-enabled solutions, commission payout orchestration, and developer APIs. As part of Grupo Rendimento, Rendimento Pay focuses on practical payment use cases for businesses in Brazil while also enabling cross-border purchasing scenarios for Brazilian customers through Pix.

What Is Rendimento Pay?

Rendimento Pay is an authorized payment institution regulated by the Central Bank of Brazil. It delivers a portfolio that includes prepaid and credit card programs for companies, commission payout automation for real estate and similar flows, POS acceptance with installments, and a Pix-based solution that allows Brazilians to pay at participating merchants outside Brazil. The company positions itself as a technology-forward PSP with more than 18 years of experience in card issuance and program management and millions of prepaid cards issued.

Core Products And Solutions

Corporate Expense Management Cards

Rendimento Pay offers a prepaid corporate card with a management platform for centralized control. The solution is designed for day-to-day business spending with controls that include:

• Real-time loading and unloading of balances to individual cardholders

• Reporting and reconciliation through an online portal

• Configurable usage profiles such as purchases-only or purchases plus ATM withdrawals

• International usage, with security and limits set by the administrator

• Optional visual customization with the company logo

This setup fits teams that need distributed spending with central oversight, such as field operations, events, or travel.

Promotional And Incentive Cards

For marketing, HR, or channel programs, Rendimento Pay provides physical and virtual prepaid cards for incentives, promotions, prizes, seasonal rewards, and tenure recognition. The product is packaged to streamline issuance at scale and includes access to a benefits club for cardholders.

Payments And Uses For Diverse Payouts

The “payments and uses” prepaid offering targets disbursement scenarios such as paying contractors, temporary workers, or nonbanked recipients. Cardholders can use the funds for purchases, bill payments, transfers, mobile top-ups, and, where applicable, ATM withdrawals. Businesses get reporting, balance controls, and the ability to manage many recipients through a single portal.

Business Credit Card

Rendimento Pay also issues a corporate credit card for companies of all sizes. Management features include unified invoicing, configurable per-user limits, and expense reporting modules. This option suits organizations that prefer a credit line with consolidated statements rather than prepaid balances.

POS Acceptance And Subacquiring

Rendimento Pay provides POS terminals for in-store card acceptance. The proposition includes support for credit and debit cards and the ability to offer installment payments to cardholders, including installment plans with up to 24 installments on credit. The company also states it operates a subacquiring structure, enabling businesses to receive and, when available, anticipate card receivables.

Pagadoria: Commission Payouts For Real Estate And Beyond

Pagadoria is Rendimento Pay’s commission payout platform that centralizes an incoming payment and automatically splits the funds to multiple beneficiaries. It is positioned for real estate brokerages and other multi-party commission models. Merchants move away from manual spreadsheets to a portal that handles split rules and distributions, improving transparency and reducing operational risk.

Rendix: Pix Payments Abroad For Brazilian Customers

Rendix is a Pix-based service that allows Brazilian consumers to pay at participating merchants outside Brazil using Pix, with the merchant receiving funds in local currency. Rendimento Pay highlights availability in neighboring Latin American markets and communicates convenience for travelers and potentially lower costs versus traditional card spending. For merchants, this can open access to Brazilian buyers without requiring the customer to use cash or a foreign card.

Methods, Channels, And Settlement

• Cards: Prepaid and credit card rails for spending and payouts. For POS, Rendimento Pay supports card-present acquiring as a subacquirer.

• Pix: For domestic instant payments and for the Rendix cross-border use case.

• Account And Transfers: Business programs pair cards with a managed account for loading, unloading, and transfers.

• Commission Splits: Pagadoria orchestrates multi-beneficiary payouts from one customer payment.

• Installments: POS supports credit card installment acceptance, including long-tenor plans typical in Brazil.

Settlement time frames vary by product. For Rendix, Rendimento Pay communicates next-day receipt for participating merchants in coverage markets. For domestic card and prepaid flows, settlement and availability depend on the specific solution and the merchant’s configuration.

APIs And Integration Options

Rendimento Pay exposes APIs and provides a developer portal with documentation, authentication models, error codes, and code examples. Published API capabilities include:

• Payment and digital account opening

• Prepaid card issuance

• Card load and unload operations

• Card lock and unlock

• Payments and transfers

• TED transfers to external bank accounts

This API surface allows merchants and platforms to embed account creation, card lifecycle operations, and payouts into their own systems. For POS acquiring or subacquiring use cases, Rendimento Pay provides terminals and commercial onboarding, while for Pagadoria and Rendix, merchants onboard to the respective portals and workflows. The developer center serves as a good starting point for technical teams planning custom integrations.

Compliance, Licensing, And Risk Controls

• Regulatory Authorization: Rendimento Pay states it is an authorized payment institution under the Central Bank of Brazil.

• Fund Safeguarding For Prepaid: As a payment institution, the company indicates that prepaid card account balances are held in government securities, aligning with local safeguarding rules for customer funds.

• Data Protection: The company publishes privacy and data protection notices aligned with Brazil’s LGPD and references security practices for handling personal data.

• Group Infrastructure: As part of Grupo Rendimento, Rendimento Pay leverages broader banking and payments expertise within the group, including foreign exchange and remittances, which complement solutions like Rendix and cross-border settlement.

Merchants with card-present flows should continue to follow PCI DSS obligations appropriate to their acceptance model. Rendimento Pay’s portals and APIs reduce sensitive data handling for many scenarios, but each merchant must validate its own scope and compliance requirements.

Ideal Merchant Profiles And Use Cases

• Companies Needing Controlled Employee Spending: Issue corporate prepaid or credit cards, set limits per user, and reconcile centrally through the platform.

• Incentive And Rewards Programs: Use physical or virtual prepaid cards to distribute rewards or promotion prizes quickly and at scale.

• Payouts To Diverse Recipients: Disburse funds to contractors, temp workers, or unbanked recipients with easy use for purchases, bill payment, transfers, and cash access when enabled.

• Brick-and-Mortar Acceptance With Installments: Deploy POS terminals and accept card payments with the option to offer installments to cardholders.

• Real Estate And Multi-Party Commissions: Automate complex split payments and avoid manual reconciliation with Pagadoria.

• Merchants Targeting Brazilian Travelers: In supported markets, accept payments from Brazilians via Pix through Rendix to reduce cash handling and potentially improve conversion.

Strengths

Strengths:

• Comprehensive product mix that covers issuance, acceptance, payouts, and Pix

• Practical portals for administrators and recipients, with reporting and card controls

• API availability for programmatic integration of accounts, cards, and payments

• Pix expertise and the ability to reach Brazilian consumers abroad through Rendix

• Transparent presence of tariff schedules by product and customer type