Do you have a street-side business and receive Brazilian tourists? Want to charge them for accommodation or other services? Now you can offer them the payment method they are most familiar with.
Pix is a payment method developed by the Central Bank of Brazil that has become extremely popular in recent years. Having it as a payment option can be an excellent decision to increase sales and provide a better experience for Brazilians.
They pay for their purchase in reais, and you directly receive USDT in your belo wallet, which you can convert, keep in your account, or transfer to more than 50 countries.
How to Start Accepting Payments with Pix from belo
The first step is to have an active account on belo. Verify your identity to access all features, including "Charge with Pix."
On the main screen, select the "Charge with Pix" button or visit the "Receive" section and click on "Money from Abroad" to find the option.
Accept the terms and conditions of the service and click "Continue."
How to Create a Charge with Pix
When you're ready to receive a payment, visit the "Charge with Pix" section to enter the purchase amount. You can denote the amount in pesos, reais, or USDT. Regardless of the currency you enter the amount in, you will receive USDT for the purchase.
You will generate a unique QR code, which you should show to the person so they can make the payment from their favorite Brazilian banking app.
Once the payment is confirmed, the amount in USDT will be credited to your account immediately. A total commission of 1.5% will be applied to the transaction.
It's important that the person making the payment is over 18 years of age. Otherwise, the money will be returned to the originating account.
What to Do with Your USDT Once You've Received a Payment?
Once you've received a payment through Pix, you'll have USDT in your balance. What can you do with these funds?
Store them in your account and earn a 3% annual return.
Withdraw them to a bank account in more than 50 countries.
Purchase cryptocurrencies, such as Bitcoin and Ether.
How Long Does It Take for a Payment to Be Credited?
The crediting of payments takes just a few seconds. For payments over 1,000 reais, it may take up to a minute to be credited.
How Do I Explain to Brazilians How They Can Pay?
You won't need to explain anything. Pix is a very popular payment method in Brazil, even more so than credit and debit card payments. When you create a QR code for payment, they can scan it from their banking app and make the payment quickly.
What Happens if the Generated QR Code Expires?
The QR code you generate when entering the purchase amount is valid for 5 minutes. What happens if this time expires?
If the code was scanned and the person made the payment from their app, it will be correctly credited after a few seconds.
If the code has not yet been scanned, you will need to go back and generate it again.
