Introducing PagStream® – empowering Brazilian retailers

SÃO PAULO, Brazil, June 17, 2024 (GLOBE NEWSWIRE) – PagBrasil, a leading fintech company that processes digital payments for businesses around the world, today announced an updated version of its PagStream subscription platform®. This intelligent subscription management solution enables local and international retailers selling goods and services in Brazil to provide the means to ensure more predictable revenues by building customer loyalty and helping their businesses grow.

PagStream allows store owners to create a new business model, without large investments and ensuring excellent profitability. Retailers can create flexible and personalized payment plans; recurring billing with several alternative payment methods; promotion engine, allowing the seller to easily set up automated and personalized campaigns offering discounts, free shipping and more; and an exclusive subscriber portal where merchants can easily make changes to their subscription plans. Merchants can also send personalized payment reminders and smart retry billing, which has been shown to reduce unsubscribes by up to seventy percent.

Tiago Alvisi, e-commerce director at Coffee++, a renowned Brazilian premium coffee company, says: “PagBrasil introduced us to a sustainable technology platform that has enabled us to provide convenience to our customers who want to buy our coffee every month. However, we know that e-commerce prevents personal and physical contact with the customer, so the PagStream subscription solution is also a way to build closeness with the consumer.

Ralf Germer, CEO and co-founder of PagBrasil, says that while the subscription business has gained popularity in Brazil with the strong adoption of segments such as streaming, “…compared to the North, it still represents a small part of the market segment. American countries: while the market revenues domestically from subscription services is about R$ 1 billion per year, in the USA it is about R$ 50 billion. One of the main factors maintaining this discrepancy is the lack of sophisticated solutions tailored to the Brazilian market. While there are dozens of subscription solutions in the US and Europe, in Brazil it takes a lot of work to manage some of the available models. If something is not automated, there is a risk of human error, and the larger the company, the more scalable the loss will be,” Germer continues.

“In the subscription club, acquiring and retaining new customers comes with an element of experience, which means brands need to come up with new ways to add value to product delivery and create a deeper connection with users. It is no longer enough to offer exclusivity and special discounts. Brazilians want to be part of an exclusive circle of subscription customers to have access to the latest store news and feel like they belong to the group, and that’s what we’re trying to achieve with PagStream,” says Germer.

PagStream supports any monetization model, but is preferred for companies using a recurring payment framework. Whether you run a streaming platform, e-learning website, subscription box, or any business selling services or goods, businesses can benefit from this all-in-one subscription solution.

PagStream is PCI compliant, offering businesses and their customers the highest security standards. The technology also integrates with several e-commerce platforms, including Salesforce Commerce Cloud, Shopify and Vtex, and is offered via API integration or payment link.

About PagBrasil
Headquartered in Porto Alegre with offices in São Paulo, Barcelona and Singapore, PagBrasil is a technology company that processes digital payments for merchants around the world. Created in 2011 by partners Alex Hoffmann and Ralf Germer, the company has integrations with all major payment methods in the country and is a partner of major e-commerce platforms such as Shopify, Salesforce and VTEX. PagBrasil is a pioneer in creating innovative technologies that add value for sellers and consumers. For example, PagBrasil offers the International Pix service, which allows Brazilians to pay with Pix abroad. In 2023, we were the first to enable payments via Pix in stationary stores abroad, in countries such as Uruguay, Argentina and Chile. Other products in the company’s portfolio include PagStream®, an intelligent subscription management platform; PagShield, fraud protection with machine learning. The company’s clients include: Tramontina, Samsung, ConectCar and Samsonite.

Contact:
Michael Nachum
[email protected]

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