Pix-out lets you make payments through Brazil's Pix network using an eligible stablecoin balance in your Amulets account.
- Eligible balances: Stablecoins such as USDT or USDC.
- Balance debit: The payment amount and transaction fee are deducted directly from your stablecoin balance.
- Payment partner: TRUTHER SOCIEDAD ANÓNIMA DE CAPITAL VARIABLE, based in El Salvador.
- Payment method: TRUTHER processes the payment to the recipient's bank account through Pix.
How to make a Pix-out payment
- Open the Amulets app.
- Go to Send and select Pix.
- Enter a Pix key, scan a QR code, or paste a Pix Copy and Paste code.
- Enter the amount.
- Review the recipient details, amount, and fee.
- Confirm the payment.
Always verify the recipient information before confirming.
Limits and fee
- Minimum: R$ 6.00
- Maximum: R$ 2,800.00 per transaction
- Fee: USD 0.10 per transaction
The applicable amount and fee are displayed before confirmation. Limits and fees may change.
How the payment is processed
At a high level, the partner flow uses tokenization and redemption infrastructure. When a Pix-out payment is confirmed, the tokenized value associated with the transaction is redeemed, and the corresponding BRL funds are released for payment to the recipient's bank account through Pix.
Taxes and reporting
Any tax, reporting, or declaration obligations related to your Pix-out transactions are your responsibility.
Amulets does not determine how a transaction should be reported and does not provide tax or legal advice. If you are unsure about your obligations, consult a qualified tax or legal professional.
Refunds
If the recipient confirms that a payment was refunded but the funds have not returned to your Amulets balance, contact Support with the transaction details and proof of the refund.
Need help?
- Telegram: @AmuletsSupport_bot
- Email: support@amulets.io