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AEON brings scan‑to‑pay crypto via Pix QR across Brazil, layering crypto on a rail used by 76% of people and 68B annual transactions

September 8, 2025 //  by Finnovate

AEON, the next generation crypto payment framework, has officially introduced its new Scan-to-Pay feature in Brazil via its Web3 mobile payment solution AEON Pay. Brazilian users can now simply scan merchants’ PIX QR codes and complete purchases with their crypto assets, and AEON automatically settles the payment to merchants in Brazilian Real (BRL) via PIX, the nation’s instant payment network. This integration allows Brazilian users to shop and pay at any merchant that supports PIX QR codes. At checkout, they can select their preferred crypto and wallet, whether through direct crypto transfer, AEON wallet balance, or popular payment options, making crypto payments as simple and familiar as using PIX. Traditional crypto-to-fiat payment rails often rely on card networks like Visa or Mastercard, which impose steep foreign exchange markups and fees, sometimes reaching 15%. In contrast, AEON Pay leverages PIX to deliver much lower-cost experiences, with effective transaction costs of around 0.8%, significantly reducing costs for users and merchants alike. For merchants, AEON Pay unlocks access to crypto-powered payments with minimal complexity. With no need to manage volatile crypto holdings and integrate any hardware solution like a POS machine, AEON settles instantly into BRL with the benefits of PIX’s low cost and high reliability. In addition, AEON doesn’t charge merchants for this service, opening up revenue channels for local merchants at no cost. Unlike crypto card programs or POS machine-based solutions, AEON operates the largest crypto payment settlement network that uses QR code and bank transfers, bridging digital assets with existing financial rails in a cost-efficient and scalable way.

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Category: Networks Processors & PSPs, Innovation Topics

Previous Post: « Embedded payments are seeing rising adoption in the parking sector through AI-recognition tech that lets customers just drive in and scan a QR code to enter their credit card information the first time they park, with automatic vehicle identification and charges applied on subsequent trips

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