Brazil and China have launched a pilot program that will allow Chinese tourists and consumers to pay with the UnionPay app at Brazilian businesses that accept Pix. Photo courtesy of Pix
Aug. 6 (UPI) -- Brazil and China have launched a pilot program that will allow Chinese tourists and consumers to pay with the UnionPay app at Brazilian businesses that accept Pix.
The initiative expands financial cooperation between the two countries as Brazil's payment system remains part of the backdrop of the trade dispute between Brazil and the United States.
UnionPay International and the Chinese Consulate General in Rio de Janeiro announced the project and said users of the UnionPay app and participating Chinese banks will be able to make payments by scanning QR codes at businesses connected to Pix.
According to the consulate, the initiative will facilitate travel, trade and bilateral exchanges through "safer, faster and more convenient" payments.
