AEON Pay launches crypto payments in Brazil via PIX, offering instant, low-cost transactions and broad wallet support for everyday purchases.
AEON, a next-generation framework for crypto payments, has launched its new Scan-to-Pay feature in Brazil, allowing users to make everyday purchases using cryptocurrency. This launch is part of AEON’s wider mission to link digital assets to real-world spending. The function is based on AEON Pay, the platform’s Web3 mobile solution. This news was shared on the AEON Pay official X account.
AEON’s Crypto Payments Cost 0.8%, Beating Card Fees
Now, Brazilian users can scan PIX QR codes in their local stores for crypto payments. AEON’s system allows the user to convert the chosen cryptocurrency into Brazilian Real (BRL) and makes the transaction immediate through PIX, which is Brazil’s national instant payment network. This process is relatively easy and seamless, making it easier than ever for people to use crypto in their daily lives.
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Note that PIX is already widely used in Brazil. In 2024, it was used by more than 76% of the population. It handled more than 68 billion transactions last year, which is more than cash and card payments. By integrating crypto payments with PIX, AEON provides a familiar experience for Brazilian consumers while creating new opportunities for the use of digital assets.
In addition, AEON Pay supports many wallets. Users can make payments directly from their AEON wallet or via popular platforms such as Binance Wallet, Bitget Wallet, KuCoin Pay, or Bybit Pay. This flexibility means users can pay in the method of their choice with crypto, whether a custodial exchange wallet or a Web3 personal wallet.
Unlike a typical crypto payments solution that uses Visa or Mastercard, AEON’s solution is much more cost-effective. These card networks usually have high foreign exchange charges, sometimes up to 15%. The system of AEON, on the other hand, comes at the transaction cost of only 0.8%, making it a cheaper option for both customers and merchants alike.
AEON Simplifies Payments for Small and Large Businesses
This economical construction also has benefits for companies. AEON Pay enables merchants to accept crypto payments without having any additional hardware, like POS machines. The system converts payments to BRL and settles them instantly through PIX. Merchants pay no commission, which benefits small and large businesses.
Moreover, AEON has established a name for itself in the field of crypto payments. BNB Chain recently chose it as one of the Most Valuable Builders (MVB). This shows its growing influence in crypto and Web3. Unlike other crypto solutions that are dependent on cards or complex infrastructure, AEON uses QR codes and bank transfers, making the entire model simpler and more scalable.
This isn’t AEON’s first foray into the world markets. AEON Pay is already up and running in places like Vietnam, Philippines, Nigeria, and Mexico. It powers Web3 payments at more than 20 million merchants and 10,000+ brands like McDonald’s, UNIQLO, and Pizza Hut around the world. The entry into Brazil leaves an even stronger footprint in Latin America, one of the fastest-growing regions in terms of crypto adoption.
In conclusion, AEON Pay’s integration with PIX is a significant step in the journey of crypto adoption in the real world. By integrating crypto functionality with Brazil’s most popular payment platform, AEON is helping to bring digital currencies into the lives of millions. With the ability to transact with low fees, convenience, and robust merchant support, this innovation has the potential to transform how Brazilians approach money and payments.
