How Pix for international payment works

Watch the demo and see how PagBrasil’s Pix for international payments works on any mobile device, generating QR codes for Brazilian customers to scan with their banking app or e-wallet.

Benefits for merchants

Works on any mobile device

Pix for international payments is easily operated through any browser and requires no app installation.

Guaranteed exchange rate

The amount is displayed in dollars or euros and fixed at the time of payment, cutting off foreign exchange risks for the merchant and their customer.

Lower transactional costs

Only a small, fixed fee is charged per transaction, without additional percentage charges.

Additional revenue

Increase revenue by providing a payment method with no spending limit.

Customer satisfaction

Attract and retain Brazilian customers by accepting Brazil’s most popular, fastest-growing payment method.

Benefits for the local economy

Convenience for local purchases

With Pix available abroad, Brazilians are encouraged to shop for local goods instead of buying travel packages ahead of their trip.

Shopping boost

Pix is the preferred payment method among Brazilians, easy to use and without spending limits. In 2022, it moved five times more money than credit card payments in Brazil, exceeding 10 trillion BRL (2 trillion USD) in transactional value.

Increased tourist and foreign exchange inflow

Pix is a groundbreaking innovation that has the potential to attract a much larger influx of Brazilian travelers to your business and your area.

Benefits for Brazilian customers

Convenience

Access to the most popular payment method in Brazil, even while traveling abroad.

Enhanced payment experience

Pay with Pix from any Brazilian bank account and preview the exact amount that is being paid in Brazilian Reais.

Guaranteed exchange rate

The amount is displayed in dollars or euros and fixed at the time of payment, cutting off foreign exchange risks.

Higher spending limit

Enjoy greater liquidity for purchases compared to credit cards and cash.

Want know more about Pix for international payment?

Talk to a payment expert

Frequently Asked Questions about Pix for international payments

Pix is an instant payment platform created by the Central Bank of Brazil, which encourages the development of solutions connected to its system and able to expand its functionalities.

PagBrasil is a payment collection agent for Pix and conducts the currency exchange for Pix for international payments as an eFX (Electronic Foreign Exchange), partnering with authorized exchange banks approved by the Central Bank of Brazil.

When generating the QR code for payment with a banking app or e-wallet, PagBrasil undertakes a real-time currency exchange rate quotation. The rate is then locked in, ensuring that the merchant receives the transaction amount in their chosen currency (dollars or euros) and that the Brazilian customer pays the corresponding amount in Brazilian Reais, without exchange rate variations.

This way, the amount displayed in dollars or euros at the time of payment is the same that will be included in the remittance to the merchant, allowing for revenue forecast. Brazilian customers will also know in advance how much they are paying in Brazilian currency BRL, avoiding overspending and unpleasant surprises later.

If the purchase is canceled on the same day as the payment, the transaction is reversed without additional costs.

If the refund is requested after the payment date, the amount in dollars or euros is deducted from the merchant’s balance and converted to Brazilian Reais using the exchange rate from the time of the refund. Please note that due to variations in foreign exchange rates, the customer may receive a different amount from what was initially paid.

Pix for international payments is a global solution with a phased development plan. The launch stage is focused on locations with a significant in flow of Brazilian tourists, such as Uruguay, Argentina, Chile, Portugal and Spain.