Trio is the newest Payment Institution approved by the Central Bank of Brazil - but planning for this moment has taken more than two years. To handle the large volume and security of more than 30 million transactions completed monthly, a dedicated infrastructure is being built. When it's done, Trio can be a Direct Participant in Pix, which begins the approval process in the coming months. Seeking to position itself as a direct participant, Trio seeks to offer the Pix service that is better documented, faster, more stable, with better support and at a highly competitive price. In addition to developing its own infrastructure, Trio is preparing to offer the service to companies that want to participate in the arrangement as indirect Pix participants in the second half of 2024. According to the fintech's CEO and co-founder, Peterson Ferreira da Silva, "although it is not necessarily novelty, the Pix service is only 3 years old and can still be vastly improved".

Since 2021 Trio has been delivering a management layer within the banking infrastructure that enables Batch Payments, Payment via Open Finance, Recurring Charges and Cross Border (FIAT and crypto) for customers of all sizes. This is like adding a layer of paint to a canvas, giving customers more options for making payments and charging transactions. The Fintech enters this regulated market with proven experience, currently processing more than 30MM transactions and moving more than R$2 billion monthly.

Trio will operate as a Payment Transaction Initiator (ITP) and as a Payment Institution (IP) in the electronic currency issuing mode — one that allows you to manage prepaid accounts qith the accountability designed by the Central Bank of Brazil. With authorization, the company will integrate directly with BC systems, such as the Brazilian Payment System (SPB) and the Reserve Transfer System (STR).

History

Founded in 2021, Curitiba-based Trio is a payments facilitator whose mission is to offer agility and security in organizations' financial transactions through real-time payments. Paytech, a spinoff of ateliware software, offers a management layer over banking infrastructure, delivering the potential for high-volume processing of transactions executed without errors, secure and reconciled end-to-end.

In 2022, after a seed funding series, Trio entered the international market with technology with a focus on the global scenario of Digital Content, Mass Payments and I-Gaming. One of the biggest differences in obtaining this highlight was the beginning of cross-border operations with the Real-time remittance product, where the exchange rate is requested within the platform itself, in minutes, which basically reproduces Pix's agility but brings settlement in Euro, Dollar and cryptocurrencies.

Trio has been transforming the payments market by offering technology as a service so that each seller (merchant) can select their specific rules regarding Pix acceptance and return parameters. As soon as the transaction takes place, the processor carefully examines official Federal Revenue bases to confirm that the payer is not a minor, politically exposed person (PPE) and that the document of a deceased person is not being used for money laundering crimes. In addition, it consults restrictive lists and UN sanctions lists automatically - and within seconds.

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