The ultimate guide to the Pix system for Brazilian freelancers
If you’re a freelancer in Brazil, you’re probably frustrated by slow bank transfers, high fees, and delayed payments. The worst part? That’s not even just with international clients, it happens with local clients too. Being a freelancer is hard enough. The constant prospecting for new clients, admin tasks, and not to mention, doing the actual work you’re paid to do. Chasing payments and looking into why a payment is late, should be the last of your worries.
In comes Pix. An instant payment platform created and managed by the Central Bank of Brazil (BCB) which enables the quick execution of payments and transfers. The greatest news for freelancers since the internet was invented. Imagine going from waiting for a payment to come in, to receiving money instantly, 24/7, without unnecessary costs.
So, if you’re dealing with traditional banking delays, it’s time to rethink how you want to get paid. To help speed things up, we created this guide that breaks down how Pix works, why it’s better than traditional transfers, and how CAJEROPAY integrates with it for real-time payouts.
So, what exactly is the Pix system and how does it work?
Pix is a real-time payment system launched by the Central Bank of Brazil, that allows users to transfer money in seconds, at any point in time, and on any day of the year. Magic, right? It is, compared to traditional bank transfers that depend on business hours and take days to process. Unlike the traditional system, Pix transactions happen instantly, regardless of which bank or financial institution is involved.
How do you set it up? - You might ask. Easy! All you need is a Pix key (Chave Pix), which can be linked to your CPF/CNPJ number, email, phone number, or a randomly generated code. Payments are processed directly between banks, fintechs, and digital wallets, eliminating delays, middlemen, and extra fees.
What about other advantages?
While instant payments are a game changer for any freelancer, that’s not the only benefit you get from using the Pix system. It also gives you more financial control since you can access your funds immediately and reinvest in your business; which is God-sent for any freelancer looking to grow.
On top of that, the fees are also low or nonexistent, unlike TED and DOC transfers, which often come with high charges. Imagine not seeing that “fees” line or, at the very least, not get outraged by it.
But is it safe?
Security is one of the main concerns freelancers, and people in general, face when it comes to digital payments. Aside from being regulated by the Central Bank of Brazil, there are a few other reasons why the Pix system is safe:
End-to-end encryption - That means that all the transactions have a layer of advanced security codes making it close to impossible to hack or change.
User authentication - Payments require confirmation through passwords, biometric scans, or two-factor authentication.
Transaction Limits and Alerts – Users can set transfer limits and receive real-time notifications for unusual activity.
Pix + CAJEROPAY = A smarter payment system for freelancers like you
For Brazilian freelancers, Pix is more than just a convenient payment method, it’s a tool that ensures financial freedom. With instant transfers, lower fees, and secure transactions, it streamlines how freelancers get paid.
When combined with CAJEROPAY, freelancers like you can also accept payments from international clients without dealing with conversion issues or long payout delays. No time to lose, easier payments and financial control are one click away.
Sold? Here’s how you get started.
Step-by-step guide on how to set it up.
Setting up Pix is simple and can be done through any Brazilian bank or digital wallet. If you don’t already have it, follow these steps:
Log in to your bank’s app or website.
Find the Pix section and register a Pix key (Chave Pix). You can use your CPF/CNPJ, phone number, email, or generate a random key.
Link your Pix key to your preferred bank account or digital wallet.
Share your Pix key with clients to receive payments instantly.
Once set up, you can start receiving money in real time! No more long processing times or excessive fees.
