Launched just 4 years ago, Pix has quickly become the most widely used payment system in Brazil. In Q3 2024, the number of Pix transactions was 80% more than credit and debit combined.
Even compared with ACH volume in the U.S., a payment rail that has been around for 50 years in a country with roughly double the Brazilian population, Pix continues to impress.
In this whitepaper, you'll learn:
Pix instant payments trends and data
Upcoming improvements and developments scheduled for 2025
Brazil's journey with Pix and opportunities for reshaping the payments landscape
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