Beeteller launches payment solution with Pix abroad

The Payment Institution will launch its newest solution for recipients of Pix for merchants outside Brazil.

Pix, Brazil's instant payment method, has revolutionized the way the country makes payments. According to the Central Bank of Brazil, the payment method has become the main one in the market in just two years since its launch, moving more than R$ 10 trillion.

The solution, which has already surpassed the use of credit cards in Brazil, also promises innovations for the future, such as its use in other countries. In the meantime, Beeteller, a Brazilian Payment Institution specializing in cross-border payments, is launching a solution on the market that will allow companies from other countries to accept Pix in their establishments outside Brazil.

“Beeteller's International Pix brings all the ease of payment that Brazilians already know to the main countries where we find Brazilians traveling for business, tourism, or residence,” says Caio Vidal, CTO and co-founder of Beeteller. The novelty, which will be launched in June, will be presented at an event with the participation of the Central Bank of Brazil, in São Paulo. At the event, the company will present the machine model that will be initially used.

The new product is already in the testing phase and should debut in Paraguay, still in the first semester. According to Caio Vidal, “Thousands of Brazilians who consume products or services in Paraguay will soon be able to make their payments at commercial establishments using Pix, just as they use within Brazil itself. And it doesn't stop there, the solution will soon be made available to other countries such as Argentina, Chile, Uruguay, as well as Europe and the United States”.

The company will make the solution available in two different formats: the already-known machine and through integrated technology (API). The whole process is quite simple, fast, and completely digital. “After creating an account at Beeteller, the merchant will be able to receive via Pix, using a machine, similar to the one we use for cards, or integrate it into their system to generate QR Codes on cashier screens, websites, and other monitors,” says Caio.

In addition to the convenience for the merchant, the solution is a more cost-effective alternative for the customer than other methods. The company still does not reveal the fees but claims that the amounts may represent an important reduction in the current cost compared to international credit card payments.

According to Beeteller, with this launch, the company seeks to transform the payment experience of Brazilians when traveling abroad, promoting greater ease and savings.

Created in Campo Grande – MS, with offices in Campina Grande – PB and representation in Greece and Portugal, Beeteller is a Payment Institution specializing in Cross-border Payments, security, and banking infrastructure, licensed by the Central Bank of Brazil. The company works by helping merchants around the world to access millions of consumers in the Latam market.