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The importance of Brazil's relief package in the Enconomy

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Brazil goverment approved a emergency package relieve with partnershipp with Bank Caixa to deliver a lower house approved an emergency salary of 600 BRL for informal workers and disabled people. 


This project should cost the gobverment 43 billions in 3 months and will have a direct impact over 24 millions workers and people. 


This is extreme important in Brazil scenary, since in Brazil estimate to have around 42 million informal works or self-employed people and which largely of this population does not have a bank account. 


Since most of the population in order to receive this relieve allowance will need a bank account, Bank Caixa owned by goverment created a Debit Online Account as a solution. With this debit online the users will be able to receive this relieve package and use in the internet purchases. In other words we are having instead new 24 million "bank" users with power to purchase. 


In this sense Pagsmile connected directly with Caixa and is accepting process the payment trough this online debit card which reaches almost 1/4 of population in Brazil. 


This stimulo will be crucial for many familiy and enconmic during this recession dual the corona virus.