A Bitso, a crypto-based financial services company, has just launched the PIX area in Brazil on its platform. With the new service, customers now have access to all financial operations available via PIX in the country: creation of individualized keys, instant transfer, scheduling, payment with QR Code, PIX Copy and Cola, deposits, collection and can also withdraw money in ATMs and stores through the function Withdrawal/Trocus.
PIX is already the most used payment and transfer medium in Brazil, according to the Central Bank¹.Because it is the first crypto company to obtain a license to operate as a Payment Institution and to receive the approval of participation in the PIX by the Central Bank, Bitso now becomes the only exchange in the country to offer its customers access to all the functionalities of the PIX, in a simple and secure way.The new PIX experience is already available to all Bitso users in Brazil and to corporate clients from several countries that, from a simple integration to the PIX API, can have access to instant pay-in and payout services and automatic conversion to expand their operations in the Brazilian market.
One of the first companies to benefit from the solution is Starspay, a fintech specialized in payment intermediation for foreign companies licensed in iGaming. The institution is a pioneer in offering registered crypto flow to companies that operate in a regulated way in different countries.“The iGaming market is highly dynamic and the flow of PIX transactions on these sites is very fast. Therefore, we needed an agile solution that would allow us to make the values available to our customers immediately. With the support of Bitso Business, we were able to have the speed we need and with a service always available. And this reflects 100% in the satisfaction of our clients, Develops Business, Rodrigo.
“We are very happy to make this launch, because we believe it represents a watershed in the financial market.We can say that it is the evolution of a traditional global account to a universal account, uniting the benefits of a digital bank, an international account and with integration with cryptocurrencies. The new service enables our users to carry out transactions for their current or third-party account, and opens a new market to corporate clients who want to optimize their operation in Brazil”, says Thales Freitas, CEO of Bitso Brasil and Global Director of Bitso Business.
To access the PIX area and enjoy the new features, users must update the Bitso app version on their device and create a PIX key. Transactions are protected with the highest security standards, ensuring the integrity and privacy of their data and the entire system is developed in compliance with the regulations of the Central Bank of Brazil.
