Bexs rolls out 24/7 Brazil cross-border payment solution

The new solution was announced in the midst of the Money 20/20 conference in Amsterdam

Bexs

Bexs rolls out 24/7 Brazil cross-border payment solution. Source: pexels.com

Bexs has presented its latest solution, connecting its cross-border payment platform, Bexs Pay, to Pix, an instant payment system implemented by the Central Bank of Brazil. It allows online international businesses to offer Pix to its Brazilian customers, making the cross-border experience increasingly local.

This new tool claims to further narrow the distance between the largest Latin American market and other nations.

In general terms, the Bexs Pay platform allows Brazilians to access foreign products and services paying with local currency and through local methods (PayIn), such as credit cards, debit cards (with installments), bank transfers and, more recently, Pix. This tool also makes it possible to transfer money to Brazilian companies and citizens (PayOut), also using the Pix system, which makes transactions much more agile.

In a surprisingly short period of time, the system implemented by the BCB has been consolidated among Brazilians. There are currently more than 102 million users in the country using this payment method, which is outclassing the more traditional methods. Without a doubt, its speed, simplicity and competitive cost explain this massive adhesion. The system is now also gaining ground in the e-commerce environment, in QR Code format
Luiz Henrique Didier Jr., CEO of Bexs

The Bexs payment platform and the Pix solution are fully customizable and can integrate with different segments of the digital industry besides e-commerce, such as SaaS, streaming, edtechs, gaming, among others.

We’ve reported that Visa Installments expands to Australia with BNPL solution.

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