A payment account, not a traditional bank account
conta.vc was built to move money, not to sell debt. It offers no credit card, loan, overdraft, or financed credit line. That rules out a debt created inside the product automatically eating into the balance.
To use Pix, you go through identity verification with an ID document and a selfie. This verification confirms who is using your conta; it isn’t a credit check and doesn’t look up your credit score.
Where the money is kept
The balance isn’t just a number kept in an internal spreadsheet. It sits in a wallet associated with the user on a public network. The database helps the app show your profile, preferences, and history, but it isn’t the final authority on the balance.
The key used to authorize transactions isn’t available to the conta.vc team. That’s why the product can’t create a transfer in your name. The equally important consequence is that support also can’t recover the balance if all your passkeys are lost.
How Pix fits into this architecture
Pix runs on licensed infrastructure. In conta.vc, a provider serves as the bridge: it receives an order you authorized, carries out the Pix, and delivers the corresponding amount to the wallet or withdraws it from the wallet, depending on the flow.
While a Pix is in transit, the amount passes through the provider. Outside that operational moment, the balance is back under your conta’s key. A legitimate court order also still applies; self-custody doesn’t put anyone above the law.
How digital dollars come in and go out
Conta provides addresses for receiving digital dollars on compatible networks. The payer sends to the address shown in the app; the amount received is converted and appears in the balance in reais.
When you send digital dollars, you enter the destination address and authorize the transaction. The amount leaves the balance in reais and reaches the destination as the asset indicated in the app’s flow. conta.vc isn’t a dollar bank account and doesn’t provide ACH details.
- SenderCompatible wallet
- What arrivesDigital dollar
- Your balanceIn reais