Pix , a new money transfer method designed by the Central Bank, has been circulating among Brazilians since November 2020.
Without the need for third-party intermediation, transfers via Pix are completed in a few seconds, on any day of the year, at low or zero cost. All you need is a Pix key .
With the intention of facilitating transfers, which previously required bank details, you can now receive or pay using simple data such as CPF/CNPJ, email or telephone number. But don’t worry, you are not required to register your details if you don’t want to!
Below we will help you understand how the Pix key works , what the registration options are and how to use it safely. Keep reading.
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What is a Pix key?
For a transaction to be more switzerland whatsapp number data to everyone, it was necessary that, in addition to being fast and low cost , it also had an easily memorable identification. Therefore, the Central Bank decided to implement the Pix key .
This way, you can request the recipient’s data, or pass on yours, much more quickly, without having to consult bank details. You can make a Pix , for example, with your cell phone number.
Pix offers four data options that can as a key: CPF/CNPJ, cell phone number, email or a randomly generated key. If you have a company, you can also use a QR Code to charge for your services or products in a simplified way.
There is no one type of key that is best or most reliable, as they all require confirmation and offer the same level of security . However, it is important to understand the differences and advantages of each one.
What are the types of Pix keys?
According to the Central Bank , Pix keys are “’nicknames’ to improving lithium battery safety in maritime transportation your account”. In other words, it is a code that represents your account when using Pix .
So, if you need to receive a certain amount of money, you don’t need to provide all your details, just the Pix key. Individuals can register up to five keys, while legal entities can register up to twenty keys .
However, the same data cannot in two different accounts. For example, it is not possible to use the same email in two different institutions. You can choose between the following data to represent your Pix key:
1. Pix key CPF or CNPJ
Most recommended for use in saultdata payments, salary or high-value purchases, such as real estate or vehicles.