While Brazil's PIX has achieved great success, it is not alone. UPI has thrived in India, ushering millions into the digital economy.
Fiserv's initiative in Argentina will make Pix available to Brazilians outside their home country for the first time.
FedNow's launch is imminent, but the U.S. is lagging behind the rest of the world on real-time payments. It may be an advantage.
According to Belvo, the new product will function as a gate for users to initiate payments directly inside third-party apps.
Companies served by EBANX can now offer consumers the ability to pay for online purchases with PIX directly through the checkout.
The central bank of Brazil is gearing up to launch Pix Automatico, a form of direct debit through instant payment system Pix.
Instant payment system Pix has overtaken credit and debit cards as the most used means of payment in Brazil.
Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
Pix is a constantly-evolving product, with new features being recurringly rolled out. What is next for Pix this 2023?
Transfeera, a banking-as-a-service provider in Brazil focusing on B2B transactions, raised $ 1.3 million this month in a series A round.