Brazilians visiting Argentina will soon be able to make purchases using Pix, thanks to an initiative by US fintech company Fiserv.This feature is expected to simplify transactions for Brazilian tourists, eliminating the need to exchange currency.
However, the launch date for this service has not been specified yet.Payments will be processed via QR codes.When this method is selected, the payment terminal will display the amount in Brazilian reais, including the currency conversion cost and the IOF (tax on financial operations) associated with foreign exchange transactions.Jorge Valdivia, a Fiserv executive in Brazil, spoke to Folha de S ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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