Whitepaper
Pix by the Numbers
Q4 2025
Pix processed 79.8 billion transactions in 2025, with December alone hitting 7.9 billion transactions. Pix now handles 3.7x more transactions than credit cards, reshaping Brazil’s payments landscape.
For the first time, P2B overtook P2P, driven by QR codes, merchant adoption, and Pix Automatic for recurring payments. B2B payments now account for nearly half of total volume, showing how Pix has evolved from peer-to-peer transfers into a full-scale retail and business payment network.
In this whitepaper, you'll learn:
- The key drivers behind Pix surpassing 79.8B transactions
- Why P2B overtook P2P—and what it signals about consumer and merchant behavior
- How Pix Automatic and B2B “whale transactions” are reshaping payment economics
- The growing displacement of credit and debit cards—and what banks must do next
- Critical lessons from Pix for FedNow, RTP, and U.S. real-time payments adoption
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