PhotonPay Expands Global Accounts with BRL to Power Local Payments in Brazil
Product Update | 2025-10-23 03:10:00
PhotonPay, a global payment platform and digital financial infrastructure provider, today announced the launch of Brazilian real (BRL) local payouts and collection capabilities. Businesses can open a Brazilian local account online to receive and send BRL payments through local partner-supported networks such as Pix, enabling real-time transactions. This capability helps businesses accelerate global operations with more speed and control.
Brazil is Latin America’s largest economy and one of the world’s most dynamic payment markets. The rapid adoption of Pix—the real-time payment network launched by the Central Bank of Brazil—has reshaped how individuals and businesses transact, from daily purchases to large-scale settlements. For enterprises engaged with Brazilian partners, suppliers, or service providers, the ability to settle directly in BRL is critical to reducing friction, eliminating unnecessary conversions, and strengthening local relationships.
PhotonPay’s Global Accounts, now supporting 13 currencies including BRL, allow enterprises to receive and settle in the Brazilian real with no conversion required. On the payout side, businesses can send BRL payments to local suppliers, freelancers, and partners in Brazil, enabling faster and more reliable settlements. This combination gives enterprises the flexibility to pay suppliers, contractors, and advertising platforms through preferred local methods, while improving cash flow and reconciliation efficiency.
“Brazil is a key step in growing our local payment network,” said Chao Xu, Vice President of Product at PhotonPay. “With BRL accounts, businesses can now move funds seamlessly within Brazil—keeping operations fast, transparent, and connected to their global treasury.”
The new BRL local payment and collection capability is now available through PhotonPay’s Global Accounts for enterprise clients. For more information, visit photonpay.com.
About PhotonPay
Founded in 2015, PhotonPay is an innovative digital financial infrastructure provider offering global payment solutions to businesses. Our innovative core products include Global Accounts, Card Issuing, Online Payments, Payouts, FX Management and Embedded Finance. PhotonPay has become a Mastercard issuer in Hong Kong and an issuer of Discover® Network and Diners Club International®.
With a strong compliance culture and technological innovation capabilities, PhotonPay is building a digital payment network to take the friction out of global payments and enhance operational efficiency for businesses operating on a global scale.
Headquartered in Hong Kong and providing localized services through nine international offices, PhotonPay partners with a network of top-tier banks and global financial institutions and serves more than 200,000 customers globally.
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