2023-07-19 22:36:54
PicPay will charge a fee for accounts that are inactive for more than 360 days starting July 29, 2023, according to one of its support pages. There was no notice from the company in its press page is it not? blog da fintech, but we will help you stay informed. Check now in our article what you should do to avoid this extra cost in a few steps.
PicPay announces R$10 fee for inactive accounts: What do you need to know?
PicPay account inactivity fee, how to avoid the extra cost. Source: Blog PicPay
There is one dedicated page to inform PicPay customers regarding fees and tariffs charged by fintech in certain situations. Recently, it was updated and now the “Inactivity Fee” has been added, which determines the payment of R$ 10 per month for accounts that are inactive for 360 days. According to the information provided by the financial institution on its website, “the” charge will be made monthly from 07/29/2023.
R$ 10 fee charged by PicPay for account inactivity. Source: PicPay
How to avoid the extra cost?
According to PicPay, the R$ 10 charge “will be made for a maximum period of 12 months”. In addition, it is said that any movement in the account will cause the tariff to be stopped.
Are there fees for maintaining or opening an account in PicPay?
PicPay does not charge maintenance or account opening fees.
Does PicPay charge to withdraw?
PicPay charges a fee of BRL 6.90 per withdrawal.
About PicPay
Founded in July 2012, PicPay was created by people from the state of Espírito Santo, Brazil. It is an application that allows you to make purchases on your smartphone with a credit card or transfer amount.
What do you think of PicPay’s decision to charge a fee for inactive accounts? Comment below and share your opinion with us!
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