Moreta, Trusted Global Wallet, Offers Local QR Payments for Foreigners on Brazil’s PIX Network
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San Francisco, USA – November 9, 2026 – Moreta Global Inc., a FinCEN-registered money services business whose global digital wallet connects travelers to native QR networks across Asia and Latin America, including VietQR in Vietnam, DuitNow in Malaysia and WeChat Pay in China, today detailed how its app brings local QR payments for foreigners to Brazil through PIX. Visitors scan a merchant’s PIX code and pay in Brazilian reais from their own balance for one 1.5% fee per payment. This lets them pay without carrying cash or withdrawing from ATMs abroad.
Inside the Moreta Pay app, a traveler points the phone camera at a PIX code, checks the amount, exchange rate and merchant name, then slides to confirm. Balances stay in USD until that moment and convert at the live rate when the payment goes through, according to the company’s QR code payments page. A Brazilian bank account or SIM card is not required, although the phone needs mobile data or Wi-Fi at the point of payment. Each transaction produces an in-app receipt listing the merchant name, merchant ID, amount and payment number.
“A PIX purchase in Brazil carries the same 1.5% fee as a QR payment in any other country we support, and the traveler sees that fee in USD before they slide to pay,” said Walid Mah’d, Co-Founder and CEO of Moreta. “There is no monthly plan, and we are transparent with our fx and transaction fees.”
PIX is Brazil’s local QR payment network. Moreta’s own country guidance describes QR acceptance there as common in cities and in the places visitors go. The company built its wallet so visitors can pay through that network directly instead of relying on international cards, cash or ATM withdrawals. A merchant paid through Moreta receives Brazilian reais instantly, while the visitor’s money stays in USD until the scan. Brazil is one of Moreta’s newer expansion markets, alongside Malaysia and China.
“The app shows both USD and BRL figures before anyone confirms a purchase,” said Walid Mah’d, Co-Founder and CEO of Moreta. “Travelers in Brazilian cities can pay at the counter from the same balance they use in our other markets.”
The Moreta Pay app is free on iPhone and Android, has no subscription and runs in English, German, Spanish, French, Italian, Portuguese and Dutch. Account setup takes a few minutes and includes identity verification with a selfie and a passport. Once an account is active, the company monitors transactions around the clock and sends users real-time account alerts. Top-up costs vary by funding method and appear alongside the 1.5% payment fee on the company’s fee schedule. Country-specific details are published in the company’s PIX payments in Brazil guide.
About Moreta
Moreta Global Inc. is a Y Combinator-backed (Summer 2024 batch) Delaware corporation that develops Moreta Pay, a global wallet built around local QR payments for foreigners in Asia and Latin America. Besides in-store QR payments, the app pays utility and phone bills by QR code whenever the provider offers a QR payment on a supported local network and handles online checkout wherever a merchant offers a local QR option. It also sends money to bank accounts, other Moreta users and local wallets such as PIX. Moreta is registered with FinCEN as a money services business and holds customer funds with licensed partner banks.
Media Contact
Company Name: Moreta Pay
Contact Person: Walid Mahd
Email: Send Email
Country: United States
Website: https://moretapay.com/
Press Release Distributed by ABNewswire.com
To view the original version on ABNewswire visit: Moreta, Trusted Global Wallet, Offers Local QR Payments for Foreigners on Brazil’s PIX Network
