151–160 of 187 posts
Meanwhile to the Brazilian people, congratulations & enjoy being world leaders in payments!
Ave Brasil
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The problem is that most European schemes are country specific. As soon as you cross the border even to another European country, your options are pretty much cash or Visa/MasterCard.
We also have the same problem: technically, PIX is only inside our borders. The thing is our borders are huge! In practice, people have started to accept it in Portugal, Argentina, Uruguai and some other places where people tend to have accounts both in their countries of residence and Brazil.
Also, Verifone PoS in the US will also accept Pix as well.
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Is it only available in Polish złoty for Polish citizens? Or could I, from a different EU country, open an account and use it to pay for games on Steam? My guess would be no, but it's worth asking.
It's supported by polish banks for PLN accounts, but I don't think there's a requirement to be a citizen to open an account. I know Revolut also allows using it, if you create a PLN account in it.
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It is just better in my experience. You just scan a QR code and pay. Not much point of using a credit card unless you want to spend money that you don’t have. Or to think you are making “points” by spending more money
You're wasting a relevant amount of money by not using a credit card in Brazil. Interest rates are so high right now they have reached 1% monthly, which you can pocket by just delaying payment on everything for a month. And credit is stupid cheap here, too, with a bunch of different picks for free credit cards giving thousands of reais for anyone. If you have some money you can easily get a card with high cashback, a…
It's more worth to buy things with Pix, and use things like Inter/Meliuz to use 10%~ cashback on stores...
(of course, if you don't want to use insurance or installments).
Btw, my father produce furniture and industrial products, and we always make the price clear to the customer, including what the price would be depending on the payment method. It might not be ideal, but… we prefer to give the transparency to the clients. Because of this, I do say 90% of the clients these days pay only with Pix. A few years ago it was all CC or debit cards.
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It is just better in my experience. You just scan a QR code and pay. Not much point of using a credit card unless you want to spend money that you don’t have. Or to think you are making “points” by spending more money
> Not much point of using a credit card unless you want to spend money that you don’t have. This is absolutely not why millions of people use credit cards. To repeat: Immediately handing cash to a merchant carries risk for the purchaser. What if the product is defective, or the order never filled, etc?
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>It is just better in my experience. >You just scan a QR code and pay. Tap to pay (ie. NFC) with credit cards is as convenient and arguably more convenient than a QR code solution. At the very least you don't have to worry about aiming at the QR code and waiting for it to scan/focus, which is especially important if you're using it on transit systems.
Pix already has tap to pay [1]. However it's still a recent adition (a few months), so most card machines still don't support it (AFAIK). Once this is widespread, then the only reasons to use credit will be cashback/points or paying in credit. [1] https://www.gov.br/secom/pt-br/assuntos/noticias/2025/02/pix...
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It is just better in my experience. You just scan a QR code and pay. Not much point of using a credit card unless you want to spend money that you don’t have. Or to think you are making “points” by spending more money
>It is just better in my experience. >You just scan a QR code and pay. Tap to pay (ie. NFC) with credit cards is as convenient and arguably more convenient than a QR code solution. At the very least you don't have to worry about aiming at the QR code and waiting for it to scan/focus, which is especially important if you're using it on transit systems.
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Mercado Pago is closer to PayPal than PIX. I'd say it's a generation behind Google Pay/Apple Pay.
This. Mercado Pago is also available in Brazil, and it requires you deposit funds in their own account to use. The thing about PIX most people don't get, including Europeans in this thread, is it integrates into whatever is your bank, so you can use your bank's cashing account to pay, no external app or account necessary.
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In sweden we got Swish which is instant payments. But costs money when business use it (but cheaper than credit cards i think)
This is also true for Pix.