Receive Money from Singapore — Spend It Instantly
Someone in Singapore sends you money. You spend pesos or reais in seconds — via MercadoPago or PIX. No fees. No local ID needed.
Receive Money from Singapore and Spend Locally in Seconds
When someone in Singapore sends you money through Peanut, the funds arrive instantly. Singapore is a major global financial hub, and its residents increasingly move money across borders for work, travel, and family support. With Peanut, you receive the funds and spend via Mercado Pago QR in Argentina or PIX in Brazil — no waiting, no fees, no local ID required.
The sender deposits digital dollars from a local exchange — free, arrives in minutes. Once in your account, the money converts at the cripto dólar rate.
How to Receive Money from Singapore
- 1
Sign up on Peanut
Verify with a passport or national ID card. No DNI or CPF needed. Under 2 minutes.
- 2
Share your details with the sender
The person in Singapore creates a Peanut account and deposits digital dollars from any exchange.
- 3
Receive the money instantly
Peanut-to-Peanut transfers arrive in milliseconds.
- 4
Spend locally
Scan a Mercado Pago QR in Argentina, pay via PIX in Brazil, withdraw cash, or transfer to bank.
What You Can Do With the Money
In Argentina
Mercado Pago QR — Pay at over 1,000,000 merchants. Cash withdrawal from Red ATMs. Bank transfer to a local account.
In Brazil
PIX — Pay at virtually any merchant. Instant, 24/7/365. Bank transfer to a Brazilian account.
How Much Does It Cost?
No fees. The cripto dólar rate delivers 5-8% more pesos per dollar in Argentina. In Brazil, Peanut avoids the IOF tax (up to 3.5%). See the pricing page.
