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Carnival in Brazil is one of the most famous celebrations in the world – a spectacular mix of music, dance, tradition and community spirit. Held every year in the days leading up to Lent, Carnival is a moment when streets fill with vibrant parades, dazzling costumes and the infectious energy of samba.<\/p>
Whether in Rio de Janeiro, Salvador, São Paulo or Recife, each region of Brazil brings its unique style to the festival, making it a deeply rooted cultural tradition. For those living abroad, staying connected to family and friends during Carnival is essential. With Paysend, you can support your loved ones back home, helping them make the most of this unforgettable celebration.<\/p>
The history behind Brazil’s Carnival<\/h2>
Carnival’s origins trace back to European festivals brought to Brazil by Portuguese settlers in the 17th century. These celebrations were inspired by Catholic traditions, marking the last days of indulgence before Lent’s fasting period.<\/p>
Over time, African, Indigenous and Portuguese influences merged to create the unique Brazilian Carnival we know today. The introduction of samba – a music and dance style with deep African roots – became a defining feature, turning Carnival into the spectacular, rhythmic event it is today.<\/p>
Key Carnival celebrations across Brazil<\/h2>
Rio de Janeiro:<\/strong> Home to the world-famous Sambadrome parades, where top samba schools compete in elaborate floats and performances.<\/li>
Salvador:<\/strong> Known for its electric street parties, with massive crowds following live music trucks.<\/li>
Recife & Olinda: <\/strong>Famous for frevo dancing and massive street parades, featuring the iconic giant puppets.<\/li>
São Paulo: <\/strong>Hosts Sambadrome parades similar to Rio but with its own distinct flair and local traditions.<\/li><\/ul>
Carnival is more than just a party – it’s a cultural showcase that brings communities together, honoring Brazil’s history, music and artistic flair.<\/p>
Why sending money home matters during Carnival<\/h2>
For many, Carnival is a time of family, unity and celebration, but it can also bring extra costs. If you have loved ones in Brazil, a little financial support can help them enjoy the festivities to the fullest.<\/p>
How your transfer can make a difference:<\/strong><\/p>
Costumes and accessories<\/strong> – Help family members join in parades with dazzling outfits and decorations.<\/li>
Food and celebrations<\/strong> – Support loved ones in preparing traditional Carnival feasts for family and friends.<\/li>
Travel and experiences <\/strong>– Some travel to major Carnival cities like Rio, Salvador or Recife — your support can help cover transport and accommodation. <\/li><\/ul>
Whether it’s helping with a small expense or a bigger celebration, your support means they can enjoy Carnival without worry.<\/p>
How to send money to Brazil with Paysend<\/h2>
Paysend makes it easy to stay connected to your loved ones during Carnival. Here’s how you can send money to Brazil in just a few taps<\/p>
Tutti gli articoliSME Survey – The shortcomings of business financial services
SME Survey – The shortcomings of business financial services
2022-12-02
All articles
Personal Finance Tips
Over the summer, Paysend conducted a survey of over 250 SMEs across the UK to understand how satisfied they were with their business financial services.
At a time of significant macroeconomic uncertainty across different markets, SMEs looking to grow and expand internationally face significant challenges. Effective business financial services are the key enabler for SMEs to be successful in a highly globalised world, however, to be confident in their strategic ambitions and strive for growth, SMEs need clarity, consistency, affordability, and tailored guidance.
Unfortunately, this is clearly not the case for most small businesses. According to the survey, 7 in 10 SMEs believe that their recent growth ambitions have been negatively impacted by financial administrative processes, meaning that traditional business financial services solutions represent a barrier to growth for entrepreneurial and innovative companies to expand successfully. So, what are the key issues and where do they lie?
1. Awareness of better alternatives
Twenty-nine percent of SME respondents said that long-standing relationships with incumbent providers was one of the greatest internal barriers to improving their financial services. Related to this, 6 in 10 SMEs said they are not sufficiently aware of the different money transfer options available to them. This lack of awareness means that SMEs are settling for less and sticking with the traditional financial services providers they have always done business with. It is clear, however, that there is appetite for this knowledge gap to be closed for SMEs – competition with new digital market entrants increasing customer choice is driving higher standards for business financial services. SMEs shouldn’t settle for less.
2. Lack of internal expertise
Secondly, twenty-nine percent of SME respondents also believed that a lack of the required technical expertise internally was holding back their ability to better control their business financial services. Payments and other key financial services products are increasingly going digital for improved service levels, faster speeds, and lower costs. SMEs must accelerate their adoption of digital alternatives as consumers have in recent years to streamline their operations and accelerate growth. Fintechs hold the technical keys to unlock these opportunities for SMEs. No internal expertise required.
3. Long settlement times
Settlement times for traditional business payments are usually clunky, slow, and inconsistent, particularly when operating cross-border and in different currencies. Twenty percent of SMEs reported being dissatisfied with their settlement time periods for payments. Taking this a step further, 6 in 10 SMEs said specifically that they have cash flow issues due to the time it takes to receive sales revenue and send money to suppliers. Traditional settlement times are driving short term cash flow issues for SMEs, causing delays to transactions, supply chains and new business contracts. The huge rise of instant payment digital alternatives in recent years is transforming this issue for businesses. Choose an instant payment option, based on a digital platform, to reduce delayed payments pain and drive cash flow consistency.
4. Expensive pricing structures
Naturally, SMEs do not have the same financial firepower or balance sheet strength as larger enterprises. As a result, scaling in a cost-efficient way is fundamental to the successful growth of smaller businesses. In Paysend’s survey, it was clear that small-size companies are significantly more sensitive to the pricing of their business financial services. 36% of SMEs want this area improved with traditional business financial services often being defined by bolt-on fees and hidden charges. SMEs need transparency and affordability to drive sustainable, profitable growth. Digital solutions incorporating flat fees, fixed exchange rates and clear communication are shining a light on expensive pricing structures in this market.
Conclusion: SMEs must expect better
The successful business development and international expansion of SMEs forms the bedrock of economic growth in markets around the world. Paysend’s recent survey, however, clearly shows that the traditional financial services these SMEs rely on is hampering this growth potential. Entrepreneurs and small business owners - fear not. The emergence of fintech and digital alternatives are positively disrupting business financial services and unlocking the door to domestic and international growth. SMEs should look to explore the options available to them today.