Banco Do Brasil Launches Pix Payment Feature in Argentina, Eyes Expansion

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With the new resource, Brazilian customers in Argentina scan a QR code with their bank application to complete purchases in participating commercial establishments. The Argentinian trader is paid in local currency, while the customer is actually due.

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Function allows you to pay out of the country products with QR code

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The state Banco do Brasil announced this Friday that Brazilians in Argentina will be able to use Pix to pay in local shops, a possibility that was implemented together with Banco Patagonia, an Argentine entity controlled by the Brazilian bank. SEE MORE: Argentine Fintechs adopt the Pix model before the boom of tourism with BrazilThe function enables any user of the Pix system—whether or not a client of Banco do Brasil—to make payments in Argenti…