Paraguayan Tourists in Brazil Can Now Pay with Pix Thanks to the Bancard and PagBrasil Partnership

Bancard, a leading technology services platform, is partnering with PagBrasil, a fintech specializing in digital payments for businesses worldwide, to enable Paraguayans traveling to Brazil to use Pix via QR codes directly from their preferred banking apps. This eliminates the need for currency exchange or carrying cash. Through this collaboration, Bancard will offer this service to banks in Paraguay, enhancing convenience and financial accessibility for Paraguayan travelers. Pix is a payment system created by the Central Bank of Brazil that allows users to send and receive money instantly, anytime, 24/7, including weekends and holidays. This collaboration ensures an unprecedented experience for Paraguayan travelers. The implementation of PagBrasil’s Pix Roaming, which enables foreigners to make payments in Brazil through Bancard’s technology and Paraguay’s financial institutions via QR codes, brings economic advantages as well as a significant social impact. The ability to utilize Pix facilitates seamless transactions for tourists while fostering greater financial integration between both countries. Among the key benefits of using Pix in Brazil for Paraguayan tourists:

• Safe and convenient alternative to cash, eliminating the need for currency exchange.
• Allows tourists to use their trusted banking or financial app for payments in Brazil.
• Cost-effective and transparent, providing full control over expenses.
• Accepted at a wide variety of establishments, from major retailers to small merchants at the beach.
• Many stores in Brazil offer exclusive discounts for Pix payments, further encouraging its adoption.

"We know that Brazil is the favorite destination for Paraguayans, and we are proud to partner with PagBrasil to offer a secure and convenient payment option for everyone. Now, it will be much easier to go on vacation and shop, as we’ll have access to the same banking app we use in Paraguay for purchases in Brazil. This unprecedented partnership demonstrates how both nations can develop high-value products for their citizens, creating countless benefits and breaking traditional barriers," said Aníbal Corina, General Manager of Bancard. “Our collaboration with Bancard marks a key step in our commitment to expanding the benefits of Pix beyond Brazil’s borders,” said Alex Hoffmann, CEO and co-founder of PagBrasil. “PagBrasil has been a pioneer in offering Pix outside of Brazil, providing a solution that enables fast and secure payments for Brazilians abroad. This innovation which allows international tourists to use Pix in Brazil will positively impact travelers and merchants, driving tourism and international trade. We are excited to see the Pix system enhancing the payment experience for our Paraguayan neighbors while promoting regional integration.” Brazil: The Top Destination for Paraguayan Travelers Brazil remains the top travel destination for Paraguayans. According to Paraguay’s National Directorate of Migration, 236,320 Paraguayan travelers visited Brazil in 2024.