Pagsmile
Pagsmile was founded in 2015 and is headquartered in São Paulo, Brazil. In March 2025 it was authorised by the Central Bank of Brazil as a payment institution and e-money issuer, and in March 2026 it became a direct Pix participant with bank code 765. It serves Latin America, APAC and Africa.
Its positioning is a licensed Brazilian gateway with international reach: roughly 200 local methods across 45 countries, PCI DSS 4.0.1 Level 1 certification and named betting clients including Aposta Ganha and Blaze.
For operators
For betting and casino operators Pagsmile provides Pix deposits and payouts as a direct participant, plus Visa and Mastercard, bank transfer and, for other markets, methods such as paysafecard, BLIK and Trustly. Direct Pix participation means fewer intermediaries and a published flat fee of 5 reais per deposit or payout, which is attractive for high-frequency, low-value betting transactions. Its reference clients show it already serves regulated Brazilian betting.
Integration
Pagsmile publishes a REST API, a hosted All-In-One Checkout, payment links, webhooks, a sandbox and a JavaScript SDK. Pix is priced at a published flat 5 reais per deposit or payout; cross-border fees are on request.
Licences & compliance
Pagsmile is authorised by the Central Bank of Brazil as a payment institution and e-money issuer since March 2025, is a direct Pix participant with bank code 765 since March 2026, and holds PCI DSS 4.0.1 Level 1 certification.
- Central Bank of Brazil payment institution / e-money issuer (Mar 2025)
- PCI DSS 4.0.1 Level 1
Pros
- Central Bank of Brazil licence and direct Pix participation
- Published flat R$5 fee per Pix deposit or payout
- ~200 local methods across 45 countries and named betting clients
Cons
- Cross-border fees on request
- Strongest in Brazil; coverage elsewhere is less documented
- No crypto listed
Verdict
Pagsmile suits operators licensed or launching in Brazil that want Pix from a direct participant with a published flat fee and Central Bank authorisation, with the option to extend to other LatAm, APAC and African markets. Operators without Brazilian ambitions have less reason to choose it.
Frequently asked questions
Is Pagsmile licensed in Brazil?
Yes. It is a Central Bank of Brazil payment institution and e-money issuer since March 2025 and a direct Pix participant with bank code 765 since March 2026.
What does Pix cost through Pagsmile?
A published flat fee of 5 reais per Pix deposit or payout.
Which betting operators use Pagsmile?
Clients named in our facts include Aposta Ganha and Blaze.