Comparison · Updated November 1, 2026
Asaas vs PagBank (Brazil)
Asaas
B
Asaas is a Brazilian billing and payments platform for small businesses and self-employed sellers, based in Joinville, Santa Catarina. It lets a business issue charges by Pix, boleto and card, send payment links, run subscriptions and instalment plans, chase late payers and issue service invoices from one free digital account. There is no monthly or setup fee. As of October 2026 its standard prices are R$1.99 per Pix or boleto payment received and R$0.49 + 2.99% for a single-payment credit card charge, rising to R$0.49 + 4.29% for 13 to 21 instalments. New accounts get lower prices for their first three months. The catch is timing: card money arrives up to 32 days after the sale, and each instalment arrives 32 days apart, unless you pay to anticipate it. Card anticipation costs 1.25% a month on single payments and 1.70% a month on instalments, subject to credit approval. Asaas has been a Banco Central do Brasil-authorised payment institution since June 2021, and a sister company in its group holds a finance company (SCFI) licence. It is not itself a card acquirer: card payments run through acquirers behind it, with Asaas holding the merchant relationship. It is founder-led and backed by BOND, SoftBank and others. Its Reclame Aqui rating is Ótima (great), but recent complaints centre on blocked accounts and withheld balances.
PagBank
B
PagBank, known until May 2023 as PagSeguro, is a Brazilian card acquirer, card-machine (maquininha) seller and digital bank based in São Paulo. It began in 2006 as an online payments service of the internet group UOL, which still controls it, and its holding company, PagSeguro Digital Ltd., has been listed on the New York Stock Exchange since January 2018. As of June 2026 it reported 6.2 million active merchants and R$133.4 billion of payment volume in the quarter. PagBank is the licensed acquirer itself: its payment institution signs up each merchant directly, so there is no reseller or processor in between. Merchants buy a terminal outright, from about R$17 to R$196 as listed in October 2026, with no rent and no monthly fee, and pay a percentage per sale that depends on when they want the money. For Visa and Mastercard credit sales on a machine, PagBank's rate page lists 4.99% for same-day payout, 3.99% at 14 days and 3.19% at 30 days, with debit at 1.99%. Separate promotional plans and the online products carry their own, different prices, so the rate you actually get depends on which plan you join. The contract has no fixed term and either side can end it at any time, but it lets PagBank set reserves, hold balances and block accounts on its own risk assessment, and blocked accounts and withheld balances recur in recent Reclame Aqui complaints and in the consumer cases its annual report describes. PagBank holds Reclame Aqui's top RA1000 reputation, with 90.5% of complaints resolved over April to September 2026.
VS
Overview
We compare the two for a business in Brazil that bills customers online by Pix, boleto and credit card, using each company's own pricing pages, help centres and published terms as of 1 November 2026. Card prices are compared on one payout basis: a single-payment (à vista) credit sale received in about 30 days, which is Asaas's standard 32-day release and PagBank Checkout's 30-day plan. Both pay into their own payment account, so payout rows compare like with like. In-person card machines are out of scope. Asaas is a Joinville billing platform and Banco Central-authorised payment institution, founder-led and backed by BOND and SoftBank. PagBank (formerly PagSeguro) is the São Paulo acquirer and digital bank controlled by UOL and listed in New York as PagSeguro Digital. On a card sale Asaas is cheaper: R$0.49 + 2.99% against PagBank Checkout's 3.99% + R$0.40. Pix and boleto are less clear-cut. Asaas charges a flat fee per paid Pix or boleto, but its website is testing three prices, R$1.59, R$1.99 and R$2.15, and its promotion rules give R$1.99. PagBank charges 1.89% for Pix at its Checkout and advertises free Pix and boleto charges in its billing tool for eligible accounts. PagBank lets you move money out to other banks free and without limit, and has the stronger Reclame Aqui rating. Asaas has the deeper collections toolkit. Neither has a fixed term or exit fee, and both can hold balances on their own risk assessment.
Key Takeaways
- ✓Asaas is cheaper on online credit cards at a 30-day payout: R$0.49 + 2.99% for a single payment, against 3.99% + R$0.40 on PagBank Checkout. On a R$200 sale that is about R$6.47 against R$8.38.
- ✓PagBank is cheaper to get money out of. Pix and TED transfers to other banks are free and unlimited, while Asaas gives a company 30 free Pix transfers a month and then charges R$2.00 each (TED R$5.00).
- ✓Pix and boleto pricing depends on the tool and the ticket. Asaas charges a flat fee per paid Pix or boleto, but as of 1 November 2026 its website shows visitors one of three prices, R$1.59, R$1.99 or R$2.15, and its promotion rules give R$1.99, so check the price in your account. PagBank charges 1.89% on Pix at its Checkout, which works out cheaper than Asaas on tickets below roughly R$84 to R$114 depending on Asaas's price, and advertises free Pix and boleto charges in its Gestão de Cobranças tool for accounts that qualify for the offer.
- ✓Asaas is built around collections: reminders by email, SMS, WhatsApp and voice, Serasa debt reporting, service invoices, subscriptions and card instalments up to 21x. PagBank's billing tool covers recurring and batch charges and reminders before and on the due date.
- ✓Both run open-ended contracts with no exit fee, and both can hold funds: Asaas for up to 120 days after a dispute, PagBank through a receivables reserve it can resize without notice. PagBank holds Reclame Aqui's top RA1000 rating; Asaas is rated Ótima.
Asaas
Asaas suits a Brazilian service business, school, gym, agency or SaaS company that sends recurring or instalment charges, takes a meaningful share by credit card, and wants reminders, debt reporting and invoices included in one free account. Budget for transfer fees beyond 30 a month and for a flat fee of roughly R$1.59 to R$2.15 on every paid Pix or boleto, which weighs on small tickets.
PagBank
PagBank suits a seller who wants a full digital bank alongside online payments: free unlimited transfers out, Pix and boleto charges that can be free under its current offer, and a single group covering online checkout, payment links and card machines. Expect to pay more than Asaas on online credit card sales.
The Verdict
It Depends on Your Needs
Why?
Neither wins outright. Asaas is the cheaper way to take online credit cards on a 30-day payout, at R$0.49 + 2.99% against 3.99% + R$0.40, and the more complete collections tool: reminders across four channels, Serasa reporting, invoices and instalments up to 21x. PagBank costs nothing to move money out of, can make Pix and boleto charges free if your account qualifies for its current offer, charges a percentage on checkout Pix that beats Asaas's flat fee (R$1.59 to R$2.15, depending on the price Asaas gives you) on smaller tickets, and holds the stronger Reclame Aqui rating. Both have open-ended contracts with no exit fee, and both can hold balances on their own risk assessment, so keep a second way to get paid with either. Choose Asaas if card charges and chasing late payers are central to your business. Choose PagBank if most of your money arrives by Pix or boleto and you want a full bank account with free transfers.
Feature by feature
Detailed Comparison
Filter Options
Online card pricing (Brazil, 1 November 2026)
| Feature | Asaas | PagBank |
|---|---|---|
| Credit, single payment, paid in about 30 days | R$0.49 + 2.99% (32 days) Winner | 3.99% + R$0.40 (30 days) |
| Asaas's standard rate for a card charge, payment link or API charge; new accounts pay R$0.49 + 1.99% for their first three months. The money is released up to 32 calendar days after the sale. PagBank Checkout's rate on its 30-day payout plan. Asaas is cheaper on any sale above about R$9; on a R$200 sale the fees are about R$6.47 and R$8.38. Asaas releases the money two days later. Both pay into their own payment account. Neither page says whether taxes are included. Both say the rate on your own account may differ from the standard one. | ||
| Faster card payout | Anticipation 1.25% a month | 14-day plan: 4.99% + R$0.40 |
| No winner: the mechanisms differ. Asaas anticipates single-payment card sales at 1.25% a month (1.70% a month for instalments), paid within 2 business days and subject to credit analysis. PagBank Checkout offers a 14-day payout plan at a higher rate; PagBank also offers anticipation of receivables, subject to credit analysis, but its fee varies by plan and is shown only in your account when you enter the amount to anticipate. PagBank's payment links can pay out the same day after an internal review (new users start on a 5-day plan), at 4.20% on single-payment credit after a promotional period. | ||
| Interest-free instalments (merchant pays) | R$0.49 + 3.49% (2–6x) | Base rate + 2.99% a month |
| No winner, because the two charge differently. Asaas charges a fixed percentage on the full sale value by band: 3.49% for 2 to 6 instalments, 3.99% for 7 to 12 and 4.29% for 13 to 21, plus R$0.49, with each instalment released 32 days apart. Instalments beyond 12 work only on Visa and Mastercard. PagBank Checkout says a merchant who offers interest-free instalments pays 2.99% a month for them, without a worked example; by default the buyer pays the instalment interest. PagBank Checkout takes up to 18 instalments. | ||
Credit, single payment, paid in about 30 days
Asaas
R$0.49 + 2.99% (32 days)
Winner
PagBank
3.99% + R$0.40 (30 days)
Asaas's standard rate for a card charge, payment link or API charge; new accounts pay R$0.49 + 1.99% for their first three months. The money is released up to 32 calendar days after the sale. PagBank Checkout's rate on its 30-day payout plan. Asaas is cheaper on any sale above about R$9; on a R$200 sale the fees are about R$6.47 and R$8.38. Asaas releases the money two days later. Both pay into their own payment account. Neither page says whether taxes are included. Both say the rate on your own account may differ from the standard one.
Faster card payout
Asaas
Anticipation 1.25% a month
PagBank
14-day plan: 4.99% + R$0.40
No winner: the mechanisms differ. Asaas anticipates single-payment card sales at 1.25% a month (1.70% a month for instalments), paid within 2 business days and subject to credit analysis. PagBank Checkout offers a 14-day payout plan at a higher rate; PagBank also offers anticipation of receivables, subject to credit analysis, but its fee varies by plan and is shown only in your account when you enter the amount to anticipate. PagBank's payment links can pay out the same day after an internal review (new users start on a 5-day plan), at 4.20% on single-payment credit after a promotional period.
Interest-free instalments (merchant pays)
Asaas
R$0.49 + 3.49% (2–6x)
PagBank
Base rate + 2.99% a month
No winner, because the two charge differently. Asaas charges a fixed percentage on the full sale value by band: 3.49% for 2 to 6 instalments, 3.99% for 7 to 12 and 4.29% for 13 to 21, plus R$0.49, with each instalment released 32 days apart. Instalments beyond 12 work only on Visa and Mastercard. PagBank Checkout says a merchant who offers interest-free instalments pays 2.99% a month for them, without a worked example; by default the buyer pays the instalment interest. PagBank Checkout takes up to 18 instalments.
Best For Your Business
Recommendations based on your business type
School, gym, clinic or agency billing monthly fees and chasing late payers
Recommended
Asaas
Asaas's reminders by email, SMS, WhatsApp and voice, Serasa debt reporting, invoices and boleto payment books are built for recurring collections, and its card rate is the lower of the two.
Online seller taking mostly credit cards
Recommended
Asaas
At a 30-day payout Asaas charges R$0.49 + 2.99% for a single payment against 3.99% + R$0.40 on PagBank Checkout, about R$1.90 less on a R$200 sale.
Business paid mostly by small Pix tickets
Recommended
PagBank
Asaas's flat fee of R$1.59 to R$2.15 per Pix is a large share of a small sale. PagBank charges 1.89% at its Checkout, which is cheaper below roughly R$84 to R$114 depending on Asaas's price, and advertises free Pix charges in its billing tool for eligible accounts.
Business that makes many transfers to suppliers or other banks
Recommended
PagBank
PagBank's Pix and TED transfers are free and unlimited. Asaas allows a company 30 free a month and then charges R$2.00 per Pix and R$5.00 per TED.
SaaS or marketplace embedding billing through an API
Both offer APIs, transparent checkout, recurring billing and split payments. Asaas adds white-label subaccounts, but its gateway and escrow fees are shown only in the account; PagBank's Checkout rates are published. Compare quotes for your volume.
Asaas: Best for 2 use cases
PagBank: Best for 2 use cases
Frequently Asked Questions
Common questions about this comparison
Asaas, on the standard rates as of 1 November 2026. A single-payment credit sale costs R$0.49 + 2.99% on Asaas, released in up to 32 days, against 3.99% + R$0.40 on PagBank Checkout's 30-day payout plan. On a R$200 sale that is about R$6.47 against R$8.38. PagBank's 14-day plan costs 4.99% + R$0.40, and new Asaas accounts pay R$0.49 + 1.99% for their first three months.
Asaas charges a flat fee per Pix payment received, but as of 1 November 2026 its website is testing three prices, showing visitors R$1.59, R$1.99 or R$2.15 (R$0.79, R$0.99 or R$1.08 for new accounts' first three months), and its promotion rules give R$1.99. Check the price in your account. PagBank charges 1.89% on Pix through its Checkout, paid the same day, and advertises free Pix and boleto charges in its Gestão de Cobranças tool for accounts that qualify for the offer. On a checkout Pix, PagBank is cheaper below roughly R$84 to R$114, depending on which Asaas price applies, and Asaas above it.
Asaas credits a Pix within 10 seconds, and PagBank's billing tool within seconds; PagBank Checkout's same-day Pix payout means within an hour, after a security review. Asaas releases a single-payment credit card sale up to 32 days after it, and each instalment 32 days apart, unless you pay for anticipation at 1.25% a month. PagBank Checkout pays card sales in 14 or 30 days depending on the rate you choose. Boletos reach Asaas the same or next business day and PagBank's billing tool within two business days. Money lands in each company's own account, from which PagBank transfers out free and Asaas allows 30 free transfers a month for companies.
No. Both contracts run for an indefinite term, and either side can end them at any time with no exit fee. Before closing you must withdraw your balance, which can mean waiting for any hold to end: Asaas can hold funds for up to 120 days after a dispute, and PagBank can keep a receivables reserve sized by its own risk analysis.
Yes. PagBank is the brand of PagSeguro, the payments business UOL started in 2006. The operating company is still PagSeguro Internet Instituição de Pagamento S.A., and the holding company, PagSeguro Digital Ltd., is listed on the New York Stock Exchange as PAGS.
Asaas is a payment institution authorised by the Banco Central do Brasil, with bank code 461. It is privately held, founder-led and backed by investors including BOND and SoftBank, which led and joined its R$820 million Series C in October 2024. Reclame Aqui rates its complaint handling Ótima, at 8.4 out of 10 for April to September 2026. Recent complaints centre on blocked accounts and withheld balances, as they do for PagBank.
Related Comparisons
Explore more payment processor matchups