MetaMask Integrates Brazilian Government Payment System Pix Through MoonPay, Supports Crypto Purchases Using Brazilian Real

Browser plug-in wallet MetaMask has integrated the Brazilian government’s payment system Pix through payment infrastructure company MoonPay, and began supporting the purchase of cryptocurrencies with the Brazilian real. A commission of approximately 1% is charged on each transaction, plus network fees calculated in real time. Previously, MetaMask and MoonPay reached a cooperation in April, allowing users to purchase Ethereum and other ERC-20 tokens through different payment methods such as cards, bank transfers and Apple Pay. Foresight News noted that Pix is a real-time retail payment system launched by the Central Bank of Brazil (BCB) in October 2020. It has 126 million users and has been used by cryptocurrency exchanges such as Binance and Bybit.