What Is Pix and Why Should You Use It?

Pix is Brazil's instant payment system, launched by the Banco Central do Brasil (BCB) in 2020. It allows transfers and payments 24 hours a day, 7 days a week — including weekends and holidays — with funds typically arriving within seconds. For Bradesco customers, the Pix feature is fully integrated into the main app, making it one of the most convenient ways to send and receive money in Brazil.

Prerequisites Before Getting Started

  • A registered and active Bradesco account (corrente or poupança)
  • The latest version of the Bradesco app installed on your smartphone
  • Your CPF registered with Bradesco
  • A confirmed phone number or email address linked to your account

Step 1: Register Your Pix Keys

A Pix key (chave Pix) is an identifier that links your bank account. You can register up to 5 keys on a personal account. Common key types include:

  1. CPF — your national ID number
  2. Phone number — must be registered with Bradesco
  3. Email address — linked to your account
  4. EVP (random key) — a randomly generated alphanumeric key

To register, open the Bradesco app, go to Pix in the main menu, then tap Minhas Chaves (My Keys) and follow the prompts to add a new key. You'll receive a validation code to confirm the registration.

Step 2: Making a Pix Transfer

  1. Open the Bradesco app and navigate to the Pix section.
  2. Tap Transferir (Transfer).
  3. Enter the recipient's Pix key, CPF/CNPJ, or scan a QR code.
  4. Confirm the recipient's name displayed on screen — always verify this before proceeding.
  5. Enter the amount and an optional description.
  6. Review the transaction details and authenticate using your app password, fingerprint, or face recognition.
  7. You'll receive an on-screen confirmation and a receipt (comprovante) instantly.

Step 3: Receiving Money via Pix

To receive a Pix payment, simply share one of your registered Pix keys with the sender. Alternatively, you can generate a QR Code directly in the app under Pix > Cobrar (Charge/Receive). You can set a specific amount or leave it blank for the sender to fill in.

Step 4: Setting Pix Limits

Bradesco allows you to manage your daily Pix transaction limits within the app for security purposes. To adjust limits:

  • Go to Pix > Configurações (Settings)
  • Select Limites de Transferência
  • Adjust daytime and nighttime limits according to your needs

Note that limit increases may take up to 24 hours to take effect, as required by the Banco Central's security regulations.

Useful Tips for Using Pix on Bradesco

  • Always verify the recipient's name before confirming any transfer.
  • Save frequent contacts in the app to speed up future transfers.
  • Use the Pix Agendado (Scheduled Pix) feature to plan future payments.
  • Check your transaction history under Extrato to monitor all Pix activity.

Final Thoughts

Pix on the Bradesco app is fast, free for individuals, and available around the clock. Once your keys are set up, sending and receiving money takes just a few seconds. It's one of the most practical tools in Brazilian digital banking today.