A PSP in Europe wants to pay sellers in Brazil and collect from Brazilian customers. The usual route means finding a local bank, signing a separate contract, integrating a new API and keeping money parked in Brazil to fund payouts. Transfero has joined Centiglobe Connect to shorten that path. What changes for banks and PSPs that want to reach Brazil, and for companies in Brazil that pay the rest of the world?
Banks and PSPs on the network can now collect in Brazilian reais (BRL) and pay out through Pix via Transfero, using the same integration that connects them to every other market on Centiglobe Connect. In the other direction, Transfero uses the network to reach payment destinations beyond Brazil through other members.
What is Centiglobe Connect?
Centiglobe Connect is a payment network of banks and PSPs. Each member connects once and reaches the markets that other members cover. The network runs on bank-agnostic tokenized deposits and is built to complement other rails, stablecoins included, so each part of a payment can use the rail that suits it best.
Centiglobe presented Transfero to its members in a member spotlight published on its blog. This post explains the partnership from Transfero's side: what it brings to the network and what it means for Transfero's own clients.
What does Transfero bring to the network?
Transfero's core contribution is local payment infrastructure in Brazil, with three parts:
1. BRL collections and Pix payouts
Members can receive payments in reais and pay out to Brazilian recipients through Pix, the Central Bank of Brazil's instant payment system, which processes payments 24/7. Domestic bank transfers through TED are also supported. For context on how Pix works for companies abroad, see how foreign merchants accept Pix payments.
2. A regulated local partner
Transfero Instituição de Pagamento Ltda. is authorized by the Central Bank of Brazil to operate as a payment institution. Members reach Brazil through a licensed local entity, not through a chain of intermediaries. For digital asset services in Brazil, the group also operates Transfero SPSAV, which has submitted its application for authorization to the Central Bank of Brazil and operates under the applicable transitional framework.
3. Access through the existing integration
Members access Transfero's Brazilian payment capabilities through their existing Centiglobe Connect integration, reducing the need to source and integrate a separate local provider. Onboarding and contractual requirements depend on the services and operating model.
Why does it work in both directions?
Transfero did not join the network only to provide coverage. It also uses Centiglobe Connect to reach international payment routes through other members, with availability depending on the destination, currency and service.
For Transfero's clients in Brazil, that means more routing options for payments abroad. Connections with other members help reduce the need for separate correspondent banking relationships and for prefunded balances in multiple markets, two of the costs that make cross-border payments slow and expensive.
"Brazil's Pix infrastructure has changed how people and businesses move money domestically. Through Centiglobe, we can make that local capability available to more banks and PSPs while expanding international payment options for our own clients. Our goal is to make payments between Brazil and other markets simpler and more predictable." Claudio Just, CEO of Transfero
How does a payment between Brazil and another market work? An example
A Brazilian importer needs to pay a supplier abroad the equivalent of BRL 300,000. The values are illustrative.
The importer funds the payment in reais through Pix.
Transfero coordinates the currency conversion and chooses the route to the destination, which can include other members of the network.
The supplier receives the funds in its local currency. Delivery time depends on the destination market and payment method.
The importer sees a single payment flow, with pricing and an expected delivery timeframe up front, without managing the underlying routes. The reverse flow works the same way: a PSP abroad sends funds through the network and Transfero pays the Brazilian recipient through Pix.
If your bank or PSP needs to pay out or collect in Brazil, see how Transfero's cross-border payments infrastructure handles the Brazilian side.
Where do stablecoins fit?
Transfero's broader infrastructure supports digital assets, including BRZ, the Brazilian real stablecoin issued by the group, and stablecoin transfers on networks such as Ethereum, Polygon and Solana.
Centiglobe Connect uses tokenized deposits for settlement between members. These capabilities complement Transfero's banking and stablecoin infrastructure, expanding the options available for cross-border payments. The combination of rails used depends on the route and supported integrations.
How does Transfero support banks and PSPs that need Brazil?
Transfero is a financial infrastructure company founded in 2017, headquartered in Zug, Switzerland, with its main operating base in Brazil. It connects banking rails, blockchain networks and liquidity for businesses and financial institutions.
Cross-border payments: pay-ins and payouts for suppliers, employees, contractors and marketplace sellers, plus import and export flows
Brazil rails: Pix collections and payouts, TED transfers and payment accounts with integrated onboarding and KYC, through APIs
Conversion and settlement: institutional liquidity, banking rails and digital assets combined
Digital assets: custody, trading, on- and off-ramps and BRZ issuance and liquidity
For a broader view of paying recipients in Brazil, read how BRL payouts work for suppliers, contractors and users.
Talk to Transfero's team about reaching Brazil through Centiglobe Connect or directly: get in touch.
Frequently asked questions
Do I need a separate integration or contract with Transfero to use its services through Centiglobe Connect?
Members use their existing Centiglobe Connect integration to access Transfero's Brazilian coverage. Any additional onboarding or contractual requirements depend on the services and operating model. Companies that want to work with Transfero directly can contact Transfero's team.
Which payment methods are available in Brazil?
Through the network, Transfero offers BRL collections and payouts via Pix, which runs 24/7. Its Brazilian infrastructure also supports domestic bank transfers through TED and payment accounts with integrated onboarding and KYC.
Does the partnership add new markets or products?
The partnership makes Transfero's Brazilian payment capabilities available to Centiglobe members and expands Transfero's access to international routes through the network. Availability depends on the destination, currency and service. No separate product launches are being announced.
