Cash or Pix? Which is the best payment method?

Read the text and find out the best payment method and don't make a mistake when choosing!

Pix arrived and has already completely changed the way Brazilians pay their bills and transfer money.

Brazilians' adoption of this service has been very positive, but it's no surprise. We recognize that making a payment via PIX is quick, simple, and free.

But isn't paying in cash the best option anymore? After all, what's the best payment method? Cash or Pix?

Keep reading and find out! See our index below!

• What are the advantages and disadvantages of paying with cash;
• What are the advantages and disadvantages of paying with PIX?
• What is the best payment method?
• Conclusion.

What are the advantages and disadvantages of paying with cash?

Paying with cash is definitely great! Who doesn't love it? Especially compared to paying with credit, paying cash is the ideal option.

This option may become more or less advantageous depending on where you live.

For example, if you live in a small town, not all establishments have card machines, and they also don't accept any form of payment other than cash.

It is also advantageous for the person receiving the service, as it is difficult to find a 24-hour bank in small towns and branches can be far away.

Therefore, when he receives the money in his hands, he already decides on the right destination for it.

Now, when it comes to a big city, where crime rates are higher, carrying cash is not appropriate.

Besides that, banknotes circulate through more hands and places, so it is not the most hygienic option either.

In fact, money can be a means of transmitting Covid-19, but the potential is low. Even so, it's important to exercise caution.

It's been a while since going out with cash to go shopping has been recommended; people have adopted debit and prepaid cards.

However, after the arrival of Pix, it entered the competition with cash and debit cards and has become the best form of payment. Find out more below!

What are the advantages and disadvantages of paying with Pix?

The current favorite payment method is captivating crowds across Brazil. More and more people are wanting to know more. What is Pix? and how to register a key.

In fact, since almost everyone is using it, those who don't end up feeling outdated or curious.

However, this payment method is very advantageous because you can transfer and receive money in just a few seconds.

Plus, it's free, and you don't need to enter your account or branch number. You can complete these transactions with just one key.

Currently, you can register the following keys:

• CPF or CNPJ;
• E-mail;
• Phone number;
• Random key.

You cannot register the same key in more than one bank, but you can register a key in each account you have.

Look, but remember, if you're going to deactivate an account, be sure to delete the Pix key first, otherwise, it will be difficult to port this key.

Recently, there have been some changes to the PIX rules. The Central Bank has taken some measures to curb scams and frauds that were being carried out using this tool.

One of the changes was in the transfer value at night, the maximum value is R$1,000,400.

Even with these changes, Pix is still the best form of payment.

So, what's the best payment method? Cash or Pix?

Well, to better reach a conclusion, we'll do a quiz, right? 

Which is the safest?

Answer: Pix

What is the most hygienic option?

Answer: Pix

Which has no payment limits?

Answer: Money

Which one doesn't need a cell phone or app?

Answer: Money

What is the completely free option?

Answer: Both

Of course, it is you who will decide which one is the best payment method. Personally, when paying for everyday purchases in physical stores, I like to pay in cash.

I don't have the patience to pick up my cell phone, unlock it, enter the password, open the app, enter the password...

It takes a lot of time, unless the cashier doesn't have change and doesn't have my debit card, which I pay with Pix, but that's very rare.

Another issue, I live in a small town, so robberies are not common, so I don't have to worry about carrying cash.

Now, to make payments via bank transfers, transfer money, and even shop online, PIX has become my right-hand man.

So, the best option will depend on the situation and environment you are in.

After all, both methods are cash payments, despite their differences. The recipient will have the money available immediately.

The only difference is that in one, the money will fall into the account, in the other, it will be available in hand.

In this way, the best payment method says about the one who will receive it as well. However, both are valuable to the one who receives it as well,

So, you can calmly choose the option that will improve your life!

Conclusion

As it becomes clear, between these two options, although there are advantages and disadvantages, the best form of payment will depend on your situation, time and environment.

There will certainly be circumstances where it will be better to pay directly in cash, in other cases, there will be an opportunity to pay with Pix.

Pix is the best payment method via bank transfers, compared to TED and DOC, for example.

Cash, in turn, is the best form of payment compared to credit. 

Since both options are paid in cash, meaning the amount will be deducted from you immediately, it is up to you to decide: Cash or Pix? Which is the best payment method?

Finally, be sure to find out what it is Pix change and how it works.