Payments in Brazil through Pix with virtual wallets have simplified what was once a cumbersome and expensive process. Today, it is enough to open an application, make the payment and voila: money reaches the Brazilian trade in the instant, without the need for coins or tickets.
In less than a year, The panorama of payments between Argentina and Brazil has changed dramatically Thanks to digital technology linked to the PX system. These solutions, recently launched, have transformed the way Argentine tourists and Brazilian merchants perform transactions. The ease and speed Of the payments through virtual wallets they have not only eliminated the need to handle cash, but also revolutionizing cross -border trade. As someone who frequently travels to Brazil for work, I have been able to verify firsthand how this modality has simplified my experience and that of many Argentines.
Payments in Brazil through Pix with virtual wallets have simplified what was once a cumbersome and expensive process. In the past, Argentine tourists had to deal with changers or exchange houses, facing long lines, little competitive exchange rates and the risk of carrying cash in a foreign country. Today, it is enough to open an application, make the payment and voila: money reaches the Brazilian trade in the instant, without the need for coins or tickets.
This change is not less, Millions of dollars per day are currently processed in this type of solutionsreflecting the massiveness with which tourists have adopted this new form of payment. And it is not just a matter of large cities: according to the data we see in the Fintech in which I work, the downloads of these applications come from all over Argentina, demonstrating that the phenomenon is completely federal.
But this change is also visible on a day -to -day basis. Over time, I have crossed many times the passage passage through the free – Uruguayana, and what was previously a meeting point full of changers offering cash, today has been completely transformed. On my last trip, I was struck how fewer and fewer people were dedicated to this business. Talking with a changista, I confirmed the obvious: “Now everyone is with applications”, He told me with resignation. What was previously a necessity for travelers, today is becoming obsolete thanks to the immediacy and convenience of these new solutions.
On the side of Brazilian merchants, this innovation has brought significant benefits. The direct connection with systems such as PX allows you to receive payments from Argentine tourists immediately and without the need to process foreign currencies. This Not only reduces costs, but also improves customer experience, promoting more purchases and a more fluid commercial relationship between the two countries.
Brazilian payments in Argentina
But not only Argentine tourists benefit. Argentine merchants who receive payments from Brazilian tourists are also adopting these technological solutions, allowing rapid and safe charges without depending on traditional methods. In regions such as Puerto Iguazú, Where Brazilian tourism is key to the local economy, this transformation is palpable. The change of cash to digital payments has not only optimized transactions, but has almost completely eliminated the presence of changers.
A clear example of this revolution is the exponential growth of the use of virtual wallets connected to pix. In only eleven months since its launch in Argentina, The use of these payment methods has reached peaks of up to two transactions per second. This not only reflects the speed with which users have adopted this technology, but also the great potential of these tools to continue growing in the region. In fact, not only are they used for basic tourism expenses, such as accommodation or meals, but More and more Argentines are paying with these wallets their purchases of clothing and other gift items, further expanding the scope of this technology.
The impact of payments in Brazil through Pix with virtual wallets is undeniable. In a surprisingly short period, these solutions have changed the dynamics of trade and tourism between Argentina and Brazil. What was previously a complicated and expensive experience, today is fast, safe and accessible, allowing tourists to enjoy their vacations without worries and merchants expand their business opportunities.
The adoption of these technologies not only facilitates the lives of those who travel and do business between the two countries, but also strengthens economic and cultural ties. With the growing adoption and expansion of these tools, the future of cross -border trade promises to be more efficient and beneficial for everyone.
Blex co -founder
Source: Ambito
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