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Praxis Tech Maximizes PIX Approval Ratios in Brazil with New Cascading Feature

LIMASSOL, CYPRUS - Praxis Tech, a leader in payment orchestration technology, today unveiled the industry's first PIX Cascading feature available as an easy-to-integrate solution for merchants of all sizes. The feature, which is now being made widely available to businesses connected to Praxis’ Platform, substantially increases transaction success rates when accepting payments in Brazil. This innovative new offering solidifies Praxis' position as the premier platform for merchants looking to improve their payment performance and offers unparalleled approval ratios across various sectors prone to higher decline rates, including high-risk industries such as iGaming and Retail Trading.

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