We’re Connecting with Brazil: Now Integrated with Pix!
At Abroad, we believe sending and receiving money should be fast, secure, and accessible for everyone across Latin America. Today, we’re taking a major step forward:
We’re excited to announce our integration with Pix, the instant payment system developed by the Central Bank of Brazil.
What is Pix?
Pix is the digital payment system that has transformed finance in Brazil since its launch in 2020. Created by the Central Bank, it quickly became the country’s most widely used payment method, surpassing traditional bank transfers and even cash in many cases.
Some of its key features include:
- Instant and free payments.
- Available 24/7, 365 days a year.
- Uses simple identifiers, such as email addresses, phone numbers, or QR codes.
- A powerful driver of financial inclusion, enabling millions of people to access the formal financial system for the first time.
Today, more than 70% of Brazil’s population uses Pix, and its impact is studied worldwide as a model of financial innovation.
What does this mean for Abroad?
Now, anyone (Brazilian citizens or foreigners) holding USDC can pay at merchants in Brazil that accept PIX QR codes, instantly and without intermediaries.
Benefits for our users
- No more friction from traditional intermediaries
- No need to open local bank accounts
- Seamless payments directly from your wallet.
One more step toward our mission
We believe in the democratization of finance, a world where anyone can pay like a local, without borders. With Pix now part of Abroad, we’re one step closer to making it a reality.
With Pix now part of Abroad, we’re moving one step closer to achieving that mission.
Contacto con los medios
Danna Michelle Casas Arango, Liderazgo Creativo y Diseño en Abroad 📩 michelle@abroad.finance