In recent years, Pix has completely transformed the way people make payments in Brazil. Created by the Central Bank of Brazil (BACEN), this real-time payment system allows users to transfer money instantly—without fees, cards, or waiting times.
But what does this mean for foreigners in Brazil? Can you use Pix as a tourist or non-resident? Will Pix replace credit cards as the primary payment method in Brazil? In this guide, we’ll explore:
- How to register and pay with Pix as a foreigner
- The rise of Pix in the Brazilian economy
- Comparison: Pix vs. Credit Cards
- Best ways to access Pix without a Brazilian bank account
What is Pix?
Pix is an instant payment method launched by the Brazilian government in 2020. It enables peer-to-peer, peer-to-business, and business-to-government transactions using mobile apps, QR codes, and Pix keys (like CPF, email, phone, or random codes).
Unlike credit cards or wire transfers, Pix transactions are processed in less than 10 seconds and available 24/7—even on weekends and holidays.
How Has Pix Impacted the Credit Card Industry?
Pix usage has already surpassed traditional credit card transactions in Brazil. With no fees, instant settlement, and broad accessibility, it offers a compelling alternative. Many Brazilian users have shifted from cards to Pix, especially for e-commerce and daily purchases.
According to recent data, Pix is now the most used payment method in Brazil, raising the question: Is the credit card becoming obsolete?
Can Foreigners Use Pix in Brazil?
Yes. However, you must meet certain requirements. You’ll need either:
- A Brazilian bank account that offers Pix (e.g., Banco Rendimento), or
- A global payment platform like Wise that integrates with Pix transfers
Option 1: Open a Brazilian Bank Account (CDE Account)
Foreigners can open a Conta de Domiciliado no Exterior (CDE) with Banco Rendimento. It allows you to send and receive payments via Pix and comes with a virtual debit card.
➤ Open a CDE account here:
Banco Rendimento – Official Signup
Option 2: Use Pix with Wise
If you don’t want a Brazilian account, you can still send money to any Pix user using Wise. It’s ideal for sending money internationally to Brazil with lower fees and full support for Pix payments online.
➤ Create a Wise account here:
Wise – Global Pix Integration
How to Register and Use Pix as a Foreigner
Once your account is active (Banco Rendimento or Wise), follow these steps:
- Register your Pix key (email, CPF, phone number, or random key)
- Download your bank or Pix payment app
- Go to the Pix section
- Send or receive using a Pix code or QR code
Pix is accepted at most stores, delivery apps, taxis, utilities, and even for rent payments. You do not need a Brazilian credit card—Pix works with account balance only.
Benefits of Pix for Foreigners
- No local credit card needed
- Instant money transfers
- No processing fees
- 24/7 availability
- Works with online shops and services in Brazil
Pix vs. Credit Cards in Brazil
| Feature | Pix | Credit Cards |
|---|---|---|
| Speed | Instant | 1–3 days |
| Fees | No fees for individuals | Merchant & bank fees |
| Availability | 24/7 | Limited by bank |
| Accessibility | Pix wallet / app | Requires card issuance |
FAQs
What does Pix stand for in Brazil?
Pix is not an acronym. It’s a brand name created by the Central Bank of Brazil (BCB) for its instant payment system.
Can I use Pix without a CPF?
In most cases, yes. Wise does not require a CPF to send money. However, some Brazilian banks do require CPF to register a Pix key.
What is a Pix code?
A Pix code can be a QR code or a key (email, CPF, etc.) that identifies the recipient for instant payment.
What are the best Pix payment apps?
Wise, Banco Rendimento, Nubank, Inter, and Itaú offer reliable apps for foreigners and locals alike.
Is Pix safe for international transfers?
Yes. Transfers made with authorized platforms like Wise and Banco Rendimento are secure and monitored by the Central Bank.
Conclusion: Is Pix the Future of Payments in Brazil?
Pix has already outpaced credit cards in Brazil in volume and popularity. For foreigners, the barrier to using Pix is now lower than ever. Whether you need to pay a bill, send money, or shop online, Pix offers a modern solution that’s fast, free, and user-friendly.
Get started today:
Related Topics
- Brazil virtual credit card: Can you get one as a foreigner?
- How to open a bank account in Brazil
- Top Pix-compatible apps for Android & iOS
