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666 points jcartw | 2 comments | | HN request time: 0.407s | source
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SwiftyBug ◴[] No.43620583[source]
I've been living in Brazil for the last 20 years.

Pix revolutionised the way we transact in Brazil. I've used Pix to pay for things that cost only cents, and I have a friend who bought her house using Pix. The system just works for any transfer amount. And it's so easy to use.

Its speed is truly baffling, and so is its reliability. Never have I failed to make a Pix payment because of downtime. I never cease to be amazed by how fast money arrives in my Brazilian account when I make a withdrawal directly from my EUR wallet on Wise. I receive a push notification from my Brazilian bank before Wise finishes running the animation of confirmation of withdrawal. It's like magic.

And it's so widespread that nowadays I don't even question whether someone accepts Pix. When I get in a taxi, no matter how old the driver is, it's certain that they take (and prefer) Pix.

I've even had homeless people ask me for Pix instead of change on multiple occasions.

Cryptocurrencies don't stand a chance.

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weinzierl ◴[] No.43620954[source]
Is there any way to use Pix as a tourist without Brazilian tax number or permanent residence.

Technically a pre-paid option should be possible, but I could not find anything about something in that vein.

replies(3): >>43621633 #>>43622361 #>>43627118 #
auadix ◴[] No.43621633[source]
You don't need a permanent residence, but to use PIX you have to get an ID called CPF. This is your IRS number, as you said, tax number. It's easy to get but it takes time, you can have one as national from different country.
replies(1): >>43622441 #
jowea ◴[] No.43622441[source]
This is true but the next step is a Brazilian bank account.
replies(2): >>43622858 #>>43632489 #
1. weinzierl ◴[] No.43622858[source]
Is there an online bank that allows to create an account just with the CPF and no proof of permanent residence?
replies(1): >>43625241 #
2. jowea ◴[] No.43625241[source]
I googled a bit, seems that maybe Bradesco bank allows it but it's a lot of paperwork and you need to be physically present at the bank branch.