In this article, we are going to talk about Pix – a new payment system that was created by BC – Central Bank. The start date for transactions that take place with Pix was November 6, 2020. And it certainly already has millions of users in all parts of Brazil and all banks that work with Pix.
There are many advantages that are part of Pix, but the one that stands out the most is the ease it offers users to pay bills and make transfers in value to people, companies and public bodies as well. In addition, Pix also facilitates negotiations with quality and security in transactions that are made on its platform.
However, what draws the most attention to Pix is that it has no cost for those interested in registering. The financial manager of the organizational system of the BC-Banco Central discussed with the creators the option of not charging any fees for joining or using the new financial platform, which is already a success in Brazil.
Therefore, if you usually make cash transactions over the internet, such as payment of invoices and slips, or transfers, Pix is one of the great news and can serve you perfectly. To find out how to register Pix, carefully read the tips that will be provided here in this brief text, check
Information about how Pix works
As soon as the Central Bank launched Pix, more than a thousand financial institutions joined the services. Among them are the most famous in the financial market, such as: Nubank – Banco Inter – Bradesco – Banco do Brasil – Caixa Econômica Federal – Itaú – Sicredi … among others.
That way we can get an idea of the great acceptance that Pix – new payment system had throughout Brazil. It's worth remembering that Pix is not an app, but just a means of payment that was created to facilitate the financial procedures that people need.
Therefore, those interested in making the Pix do not need to link the payment system to any app, except for the Bank App where the Pix will be created. Therefore, users should above all be careful with scams and fraud on the internet, especially with SMS messages promising ease in the Pix.
If the user has more than one bank application where he has current accounts, he can create a Pix key for each bank. For this procedure, just follow the guidelines requested by the Bank systems. Users can request Pix on Android or iOS Smartphones, or at lottery outlets as well.
Another important factor is that users can link all Pix keys to up to 5 accounts, for this procedure, you need to provide personal data such as CPF and RG for example, this limit is for individuals. For legal entities, the limit is 20 accounts per person.
What Are the Main Advantages of Pix
There are several advantages and benefits that Pix offers users from all over Brazil. To know some of them, just check here:
1 – With Pix, money is transferred instantly. Instantly with no transfer cost to the payer.
2-Pix provides users with the option to make payments for boletos and invoices, in addition, it also provides the freedom to pay for issuing documents. Furthermore, users are also exempt from paying application fees. All services are done through QR Code, very simple, easy and fast to access.
3-With Pix, users also don't need to worry about bank fees where transactions are being made. Therefore, Pix is one of the great digital products that have emerged in recent days.