International Pix
21 jun 2024
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Pix arrived to revolutionize the purchasing and payments system in Brazil, and it achieved its objective. The success of the initiative was such that, now, this system is expanding beyond our borders. Recently, Beeteller took Pix technology to Argentina and Paraguay, bringing more convenience and security to tourists and traders.
The innovation came to facilitate travel for Brazilians and sales for merchants from foreign countries. The instant method promises to simplify transactions and reduce operational costs, offering an efficient and economical alternative to traditional payment methods.
Advantages for Brazilian tourists
For Brazilian tourists, one of the main advantages is the possibility of making payments abroad without the need to carry physical cash. This not only increases security, but also eliminates the worry of exchanging currencies and transporting large amounts. With Beeteller's Pix Internacional, travelers can pay directly from their bank accounts in Brazil, using the instant payment system they already know and trust. Furthermore, this solution significantly reduces the costs associated with international transactions. Although international credit cards can be used when traveling abroad, they generate high additional costs, in exchange rates and the 5.38% Financial Operations Tax (IOF) rate. Beeteller's Pix Internacional, on the other hand, makes purchases and payments abroad more accessible.
Advantages for foreign traders
For merchants in foreign countries, accepting payments with Beeteller's Pix Internacional can increase their sales and attract more Brazilian tourists. Ease of use and integration with the Brazilian payment system mean faster and more secure transactions, without the need for complex infrastructure or significant additional costs.
But in practice, how does it work?
The entire process is very simple, fast, and completely digital.
1. Foreign companies and merchants can make payments using a smartphone, POS or other screens where it is possible to present the QR Code Pix.
2. During the transaction, the merchant informs the amount in their local currency and enters the Brazilian traveler's CPF for security verification.
3. The value is then converted into reais (BRL) and a QR Code is generated for the customer to complete the transaction.
4. Beeteller validates the transaction, confirms the payment and sends the amounts to the merchant or international partner in your local currency.
Become a Beeteller partner in offering Pix Internacional
Do you want to offer your Brazilian customers Pix Internacional as a payment method for their purchases? Talk to us today and become a Beeteller partner.