Accepting boleto in Brazil

When the Central Bank of Brazil launched Pix Automático on 16 June 2025, its financial system organisation director stated plainly that boleto would be overtaken by Pix Automático for automatic payments. Boleto moved BRL 6.2 trillion in the prior year according to the banking federation Febraban, so this is displacement at scale rather than at the margin. Existing bank direct debit arrangements were named as likely to be disrupted too, because they required company-by-company bank agreements that smaller merchants found burdensome.

The displacement described above is real and it is not a single substitution. Boleto is doing three different jobs in a Brazilian checkout, and each one is going somewhere different on a different timetable.

The recurring job goes to Pix Automático, which needs a consent flow you do not have today plus handling for a consent the customer can revoke at any moment. The one-off cardless job goes to ordinary Pix, which needs nothing at all except that the checkout offers it first and clearly. The instalment job goes to Pix Parcelado, which is a commercial decision about who bears the cost of instalments rather than an integration task.

So before deciding anything, split your Brazilian boleto volume into those three. Merchants who treat this as one project do the easy third of it, declare the migration done, and leave the recurring and instalment volume sitting on a slip for another two years. The split takes an afternoon, and it tells you which of the three is actually worth building.