SmartPay’s Swapix Launches Pix Withdraw Function

On March 3, the Swapix solution of Smartpay launched the Pix Withdraw function, which can be used to send and convert between Tether and Brazilian real using P…

SmartPays Swapix Launches Pix Withdraw Function

On March 3, the Swapix solution of Smartpay launched the Pix Withdraw function, which can be used to send and convert between Tether and Brazilian real using Pix. This function can be used on the USDT.com.vc website or the Bitlinex payment application FastPay, and will be applicable to other institutions that accept PiX withdrawals.

Swapix launched Pix Withdraw function, which can convert Tether to Brazilian real

Interpretation of the news:


Smartpay, a global payment solution provider, has launched the Pix Withdraw function for Swapix, its payment platform. The new feature enables users to send and convert Tether and Brazilian real using Pix. The Pix Withdraw function is available on the USDT.com.vc website and Bitlinex’s FastPay payment application. Other institutions that accept Pix withdrawals can also use the feature.

Pix is an instant payment system developed by the Central Bank of Brazil to provide a fast, secure and convenient payment solution for transactions within Brazil. With the Pix Withdraw function, Swapix users can now exchange cryptocurrency to Brazilian real and make instant payments using Pix. The feature will seamlessly bridge the gap between traditional finance and cryptocurrency markets, enabling users to conduct transactions with ease.

The launch of Pix Withdraw function comes at a time when there is an increasing demand for digital payment solutions in Brazil. According to the Brazilian Central Bank, Pix transactions have soared by 1,290% during the first full year of operation since its launch in November 2020. As a result, many businesses have integrated Pix into their payment platforms to leverage the growing adoption rate.

The Swapix solution is widely used by individuals and businesses. The platform offers fast and secure payment solutions, with high transaction rates and low fees. With the integration of Pix Withdraw function, Swapix has expanded its offering to include instant payments in Brazilian real, adding to the platform’s growing list of payment solutions.

In conclusion, the launch of the Pix Withdraw function is set to revolutionize the payment landscape in Brazil, offering users a seamless and convenient payment system. The integration of Swapix’s payment platform with Pix will provide its users with an additional payment option, making it easier for them to access and transact in different markets. With this new addition, Swapix has made itself a compelling choice for businesses and individuals looking for a reliable payment solution.

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