PIX is an instant payment system created by the Central Bank of Brazil that allows money transfers in just seconds, 24 hours a day, 7 days a week, including weekends and holidays. With this network, millions of Brazilians can send and receive money quickly, securely, and without waiting for banking hours.
How does a PIX transfer work?
The recipient receives the money instantly in their bank account in Brazil, no matter the time of day.
You only need the account details or the recipient’s PIX key (which may be their CPF, phone number, email, or a random code generated by their bank).
The transfer is confirmed in seconds, and the recipient can use the funds right away.
Benefits of sending money via PIX
Speed: funds arrive instantly.
Always available: works every day, at any time.
Accessibility: most banks and digital wallets in Brazil are connected to PIX.
Security: the system is regulated and supervised by the Central Bank of Brazil.
International transfers with MAJORITY via PIX
With MAJORITY, you can take advantage of the PIX infrastructure to send money directly to Brazil. Your international transfer is converted into a local PIX payment for the recipient, ensuring the funds arrive in seconds to their bank.
💡 Tip: The availability of transfer methods (PIX, bank deposit, or others) depends on each country. Before sending, check your MAJORITY app for the methods available for Brazil under Services > Money Transfer.
