Is PicPay Cashback worth it? See how to use it and sign up now!

About PicPay

PicPay was born in the city of Vitória, in 2012. It was created with the purpose of changing people's lives and innovating this sector.

It has been in existence for 7 years, and in the meantime, it has already reached the mark of 50 million users.

In other words, it is the payment app with the most users in Brazil.

Still speaking in numbers, per month, its users make more than R$1,400 billion in transactions.

Furthermore, PicPay was one of the first digital wallets with payment via QR code on the planet!

In 2015, Banco Original bought part of the company, 17,76%, thus becoming one of the owners with J & F Investimentos and Mavericks Participações.

Before knowing more about the PicPay cashback, let's learn more about your digital account?

So let's move on.

About the PicPay digital account

With PicPay's digital wallet, users have access to many services that can make their lives easier, for example, paying bills in installments.

With this wallet, you can pay your bills in up to 12 installments, and you also get PicPay cashback.

Participating in this campaign is simple, quick and easy, see the step-by-step guide below.

First, open the app and click on “Pay”. Then, choose the option “Pay Bill”.

Once done, click on “Use barcode reader”, now scan the barcode on your bill.

Finally, choose how many installments you want to pay in, after checking the amounts with the fees included and just click on “Pay”, if you agree. Finally, your bill is paid!

Are you late paying your electricity bill and don't know how to pay it? Don't worry! You can pay these bills in installments on PicPay and thus, you can stay organized.

The user can pay any type of bill, even overdue ones, and still pay with a credit card.

Currently, this digital wallet is also running a promotion: PicPay takes you to Show do Milhão”.

When you pay your bills above R$$50.00 with the PicPay card, you are in with a chance of winning prizes and winning R$1 million.

For every payment you make using the card, you earn a lucky number and the chance to participate in the program to compete for the final prize.

Payment methods

With this digital wallet, users have different ways to pay for their purchases or bills, including:

Pix;
Payment slips in cash or in installments;
PicPay Card physical or virtual, debit or credit;
QR CODE on the machine;
QR CODE plaque;
Transfers.

PicPay's digital wallet also has many other features, such as Social Feed, Income, PicPay E-commerce and much more!

Now, we will talk about one of the biggest advantages of fintech, the PicPay cashback.

About PicPay cashback

PicPay pays 5% cashback, that is, money back, to customers who pay for purchases using their credit card or prepaid card in the credit function.

For example, if you make a purchase worth R$500.00 you will receive back R$25.00.

The more you spend, the more money you will earn back, of course. However, the monthly cashback amount is limited to R$$50.00.

Once you reach this goal, you will only start earning cash back on purchases again the following month.

One advantage of PicPay is that the money is deposited almost instantly, in some cases, even on the same day of purchase.

Unfortunately, the value of PicPay cashback cannot be withdrawn or transferred via PIX or TED. It must be used within the app.

However, you can generate a payment slip from another account of yours and pay with the cashback amount.

You will only receive payment if your purchase is approved and checkout is complete.

How to earn PicPay Cashback?

To earn money back on purchases paid with the PicPay card, you need to open your digital account and request your card.

To do this, you need to download the app PicPay and open your account.

Once that's done, just wait for your card to arrive and start using it to pay your bills and earn cash back.