S

Scotiabank

VS

PicPay

Brazilian Social Payments

PicPay
Fees from
Custom vs Merchant fees from 1.99%
Features

0 shared

3 unique to PicPay
Regions

1 shared

3 unique to Scotiabank
Pay methods

0 shared

5 unique to Scotiabank · 7 unique to PicPay

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Show full specs
3 features · 12 payment methods · 4 regions. We don't rank these — they're here for reference.
Scotiabank
PicPay PicPay
Quick Facts
Fees
Standard transaction rate
Custom
Merchant fees from 1.99%
Settlement
Time to receive funds
—
1–2 business days
Founded
—
2012
Headquarters
—
São Paulo, Brazil
Sandbox / Test Mode
—
✓
Webhook Support
—
✓
Features
PicPay leads (3 vs 0)
Instant Payout Unique
—
✓
Low Fees Unique
—
✓
Startup Friendly Unique
—
✓
Payment Methods
PicPay leads (7 vs 5)
Ach Unique
✓
—
Bank Transfer Unique
—
✓
Boleto Unique
—
✓
Credit Card Unique
—
✓
Debit Card Unique
—
✓
Interac Unique
✓
—
Mastercard Unique
✓
—
Mobile Wallet Unique
—
✓
Pix Unique
—
✓
Qr Code Unique
—
✓
Sepa Unique
✓
—
Visa Unique
✓
—
Regions
Scotiabank leads (4 vs 1)
Asia Unique
✓
—
Europe Unique
✓
—
Latin America
✓
✓
North America Unique
✓
—

Scotiabank is best when you...

Want coverage in Asia, Europe, North America
PicPay doesn't cover these regions
View Scotiabank

PicPay is best when you...

Brazilian Social Payments
Need Instant Payout
Not available with Scotiabank
Need Low Fees
Not available with Scotiabank
View PicPay

Frequently Asked Questions

What is the difference between Scotiabank and PicPay?
They share 0 payment methods and 1 region. Scotiabank adds ACH, Interac, Mastercard and 2 more that PicPay does not list; PicPay adds Bank Transfer, Boleto, Credit Card and 4 more that Scotiabank does not list; Scotiabank also covers Asia, Europe and 1 more; only PicPay offers Instant Payout, Low Fees and 1 more.
Which is cheaper, Scotiabank or PicPay?
Scotiabank has custom pricing quoted on engagement; PicPay has published rates from Merchant fees from 1.99%. Headline rates exclude fixed per-transaction fees, FX and chargeback costs, so model your own mix before deciding.
Where can I use Scotiabank and PicPay?
Scotiabank lists 4 regions and 5 payment methods; PicPay lists 1 and 7. both cover Latin America. Check the country list on each profile before onboarding — regional coverage is not the same as local acquiring.
How do Scotiabank and PicPay compare on integration and settlement?
PicPay offers a sandbox, Scotiabank does not list one; PicPay supports webhooks; PicPay publishes a settlement time of 1–2 business days.

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Data on this page is indicative and may be out of date — always verify fees, coverage, and terms directly with each provider before signing. Comparisons are generated from published data and provider-submitted updates; they are information, not advice or an endorsement. Some outbound links may earn us a referral commission — commissions never influence scores or rankings.

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