Receiving payments from Brazil: how does PIX work for businesses in Portugal?

Discover how to receive payments from Brazil simply and securely with PIX in Portugal. Find out how this solution, integrated into the REDUNIQ options, can increase sales, retain Brazilian customers and modernise your business.

Portugal is home to more than half a million Brazilians who have chosen the country to restart their lives and welcomes around a million tourists from Brazil every year. Together, these residents and visitors make a significant contribution to the growth of the Portuguese economy and for the sustainability of many local businesses.

The suitcases and belongings they bring with them, however, are accompanied by consumer habits that may cause some friction when it comes to the payments they intend to make.

This is the case with the use of PIXMB WAY, an application similar to MB WAY used by the majority of the Brazilian population, but which, until recently, had no way of being accepted by Portuguese businesses. came to our country through a partnership between UNICRE and Braza Bank.

Why should companies in Portugal accept payments from Brazil?

The numbers speak for themselves: more than a million Brazilians "visiting and living in Portugal" are potential customers for your business, favouring an increase in your turnover.

Added to the weight this could have on the company's economy, the making familiar means of payment available to these customers will help them not only to shop more comfortably and convenientlyand to create the conditions for them to become loyal to the business, especially those resident in our country.

A mproving the shopping experience is undoubtedly a key factor for any business that wants to thrive in today's economic ecosystem and all euros or, in this case, all reals are welcome.

This is where PIX solution.

Despite having been created in Brazil, this application, as we'll see in the next few lines, has crossed the Atlantic in travellers' wallets and can now land in our countries. payment terminals of Portuguese traders. How? That's what you'll find out below.

How can your company receive payments from Brazil?

With the help of REDUNIQ, receiving payments from Brazil via PIX is now not only possible, but the whole operation is extremely simplethanks to accessible and direct integration into your online payment solutions (PIX in e-commerce) and in the automatic payment terminals (physical TPAs).

Thus, with PIX in its payment systems, a company that, for example, holds the TPA Android Smart or that online sales with or without a websiteyou can now offer its Brazilian customers this more familiar, convenient and economical method of transactionsince the The exchange rate between reais and euros is automatic and integrated at the time of payment.

A security is another of the advantages of incorporating this means of payment between Brazil and Portugal.

The entire payment experience is very similar to the one merchants already have with other REDUNIQ payment methods, all of which can be found here. covered by PCI-DSS certificationThis ultimately represents added value compared to direct competitors, greater profitability and greater customer satisfaction with their shopping experience.

All this no membership or monthly fees.

Receiving payments via POS: practical solutions for face-to-face businesses

As we mentioned, the PIX is available in REDUNIQ's face-to-face and physical payment solutionsproviding an enriched shopping experience for its Brazilian customers.

But how do you receive payments via the POS with PIX?

If you have a physical shop, the answer to the question "how to receive payments from customers in Brazil?" is very simple and will necessarily involve installation of Smart solutionwhich, in general terms, is a terminal prepared to host mobile applications and accept contactless card payments, digital wallets and MB WAYYou can also use apps such as the ones mentioned above or the Instalment plan with UNICRE.

However, these are just some of the advantages of the Smart TPA with PIX support. You can also benefit from

• From increase your sales and average ticket;
• From a higher loyalty rate;
• From reduced operating costs;
• From offering a more agile and convenient purchasing journey;
• From a better management of the payments you receive;
• From faster acceptance of transactionsThis means more time to attend to other customers.

Step by step to integrate PIX with REDUNIQ

Before we help you understand how to receive payments from Brazil with PIX and integrate this solution with your physical and online transactional methods, it's worth pointing out that PIX has a operation very similar to MB WAY.

Having said that, let's take a look how PIX integrates with your physical TPA solution:

PIX in REDUNIQ TPAs

Since PIX is already integrated into the Smart terminal, you can easily accept PIX payments wherever you want:

1. Enter the purchase amount in euros in the REDUNIQ Checkout app;
2. Show the customer the simulated payment in euros and reals;
3. Create the QR code and present it for payment, and you can receive the amount to be paid immediately.

Once the operation has been completed, you can send proof of the transaction to your customer by e-mail.

PIX in REDUNIQ online solutions

As with TPAs, taking advantage of the PIX in the E-Commerce payment gateway or in the solution Pay by Link (aimed at those who sell online without a website) does not require integration and allows you to accept payments if the customer fulfils these steps:

1. Choosing PIX as your payment method;
2. Consult the payment simulation in euros and reais;
3. Scan the QR code (or click on "Copy and paste");
4. Realisation of payment.