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CIH Bank vs PicPay

CIH Bank and PicPay are both payment receiving platforms. On a $1,000 payment you keep about $1,000 on CIH Bank and $1,000 on PicPay, before withdrawal or currency-conversion costs.

Updated · from each platform’s published fees and payout terms · how we verify

Key differences

  • On a $1,000 payment you keep about $1,000 on CIH Bank and $1,000 on PicPay, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer. Only CIH Bank offers card and ATM. Only PicPay offers debit card.
  • CIH Bank is the older platform — founded in 1920, 92 years before PicPay (2012).
  • CIH Bank is based in Morocco, PicPay in Brazil.

Which should you choose?

Choose CIH Bank if…

  • You want to withdraw via card and ATM.
  • You prefer a long track record (since 1920).

Choose PicPay if…

  • You want to withdraw via debit card.

Side by side

CIH Bank Receive client and card payments and manage a dirham account as a freelancer. Visit PicPay A Brazilian payment app where people and merchants receive money, pay, and transfer. Visit
Type Payment receiving like Payoneer Payment receiving like Payoneer
Category Payments Payments
Vetted No No
Work from home Yes No
Fees Free Code30 account and card Free account and Pix/P2P transfers
Withdraw via Bank transfer, card, ATM Pix/bank transfer, debit card
Availability Morocco Brazil
Local to Morocco Brazil
Founded 1920 2012
Headquarters Casablanca, Morocco Vitoria, Brazil
Popularity 58 views · 0 likes 48 views · 0 likes

Frequently asked questions

Which is cheaper, CIH Bank or PicPay?

On a $1,000 payment you keep about $1,000 on CIH Bank and $1,000 on PicPay, before withdrawal or currency-conversion costs.

Where are CIH Bank and PicPay available?

CIH Bank: Morocco. PicPay: Brazil.

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