Fiat payment methods, or local payment rails, are the systems and infrastructure used to transfer traditional (fiat) currency between bank accounts.

For now, UnblockPay currently enables payouts to Brazilian and Mexican bank accounts. We support the below fiat payment methods:

Brazil

• Supported local payment rail: Pix

• Description: Pix is a Brazilian instant payment method, developed by Brazil's Central Bank, that allows money to be transferred between accounts in just a few seconds.

Mexico

• Supported local payment rail: SPEI® network (Sistema de Pagos Electrónicos Interbancarios)

• Description: Mexico real-time electronic payment system that facilitates instant and secure transfers between bank accounts, enabling almost immediate processing of payments.

Argentina (soon)

• Local payment rail: Transferencias 3.0

Colombia (soon)

• Supported local payment rail: ACH