| ▲ | ericmay 4 hours ago |
| No it sucks for everyone haha. It's an objectively worse experience compared to just using a card (debit or credit). |
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| ▲ | SomeUserName432 3 hours ago | parent | next [-] |
| The vendors you'd pay with Pix in brazil are typically the vendors who may not even accept cards at all, it's pix or cash. (Although you CAN pay with pix at many supermarkets, I'd rate it as rare. Also useable for online payments, but you take the risk in case of fraud, unlike with creditcards) |
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| ▲ | ericmay 2 hours ago | parent [-] | | Thanks for the information, reminds me of CashApp or something like that in the US. But just to be clear the context was, at least as I understood, moving to using an app instead of using existing credit card rails via Visa and Mastercard and that's just not going to happen because it's a worse experience (in Europe). If you don't have the ability to accept a card at all, that's a different use case. |
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| ▲ | jimnotgym 2 hours ago | parent | prev [-] |
| All the locals can use cash. Friction free. Objectively better |
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| ▲ | ericmay 2 hours ago | parent [-] | | Cash can get misplaced or stolen, you have to keep going to an ATM to get more of it which for most costs money (my bank pays for ATM withdrawals globally for any fee), it's not nearly as convenient as a credit/debit card though it's cheaper. Though maybe it's not since merchants never lower prices and even if everyone switched to cash prices wouldn't go down. Also there are costs for the merchant to carry cash. I think your everyday credit/debit card is still objectively better overall, even moreso for tourists which was the main topic. | | |
| ▲ | jimnotgym 2 hours ago | parent [-] | | >you have to keep going to an ATM to get more of it Not if you are paid in cash by your employer | | |
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