S. pappaterra is relatively rare in the ornamental trade and much sought after by enthusiasts.

It is easily distinguished from all known congeners by presence of a series of prominent black blotches beneath the dorsal-fin, plus a well-defined dark band extending along the side of the body. In recent genetic analyses its genetic distinctness was strongly supported, with S. jurupari and S. leucosticta its closest relatives.

It exhibits slightly different behaviour to the majority of congeners in that it tends to swim in midwater and spends a large proportion of its time away from the substrate. Its morphology exhibits corresponding adaptations towards a pelagic existence with a relatively large eye, a more terminal mouth position, more strongly-forked caudal-fin, and more symmetrical body shape than most other Corydoras species.