PagCrypto

PagCrypto

Send Money to Brazil with Crypto

Created on 30th October 2024

PagCrypto

PagCrypto

Send Money to Brazil with Crypto

The problem PagCrypto solves

PagCrypto solves the complex barrier between crypto assets and real-world financial systems. By integrating with local payment methods like PIX and offering ACH and Wire Transfer capabilities, it allows users to:

Make Real-World Payments with Crypto: Pay bills, send remittances, and complete purchases directly with crypto, without complex exchanges.

Eliminate Currency Conversion Hassles: Avoid the fees and delays of converting crypto to fiat, enabling instant transactions in a single step.

Increase Transaction Security: Using the secure Solana blockchain, every transaction benefits from fast, cost-effective, and verifiable processing, enhancing safety for all users.

Challenges I ran into

A key challenge we faced was integrating crypto transactions with Brazil’s PIX system, which operates on traditional banking rails. Mapping crypto addresses to PIX identifiers in a seamless, user-friendly way required extensive development and testing to maintain both security and speed.

To overcome this, we built a custom API layer that acts as a bridge between the Solana blockchain and PIX, handling conversion and routing in real time. We also optimized for transaction scalability, allowing us to maintain low fees while ensuring reliable cross-system compatibility.

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