A Glimpse Into The Future Of Instant Payments In The US
Imagine getting a utility bill emailed to your inbox and being able to pay it instantly by putting your phone to your computer screen and scanning a QR code. Or getting $100 sent to your bank account by a friend using their mobile phone and having access to the funds immediately to pay for dinner that night. Brazilians don’t have to imagine these things. They’ve been living like this for the past 3 years thanks to Pix.
Pix is an instant payment scheme developed, managed, operated and owned by the Central Bank of Brazil. How did the Pix instant payments scheme in Brazil become such a success?
In this whitepaper, you'll learn:
The success factors and main drivers that contributed to Pix launching to instant success
The future of Pix
How banks in Brazil make money with Pix and implications for the US
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