AstroPay, a provider of digital financial solutions, has acquired a Payment Institution (PI) license issued by the Central Bank of Brazil.

AstroPay is poised to bring faster, simpler, and more innovative financial services for Brazil’s local and international users and businesses, solidifying AstroPay’s position as the go-to platform for seamless, secure cross-border financial management.

AstroPay’s “Pix for Foreigners” allows international visitors to make instant payments in Brazilian reais, giving small businesses—from beach vendors to market stalls—a frictionless way to transact without the excessive fees associated with credit cards. In addition, AstroPay’s global card also allows users to manage their money securely across borders, access highly competitive exchange rates, and spend freely without unnecessary complexity.

Marc Sacal, CEO of AstroPay, commented:

“This expansion marks a pivotal milestone for AstroPay as we align our services with Brazil’s regulatory framework and deliver compliant, secure, and innovative financial solutions. By working closely with local and international regulators, we aim to empower individuals and businesses globally to take control of their finances. This isn’t just about payments—it’s about building a foundation of trust and efficiency to create meaningful opportunities for users in Brazil and beyond.”

AstroPay has also strengthened its local presence by expanding its team in Brazil and tailoring its services to meet the unique needs of Brazilians and the growing community of expats who are choosing Brazil as a destination.