PIX, Brazil's instant payment system, has set a new record for transactions on Friday, 6th. According to the Central Bank of Brazil, 227.4 million transactions were made through PIX on that day, representing a significant increase compared to previous records. This surge in PIX usage highlights the growing popularity and convenience of the platform for both individuals and businesses in Brazil.

PIX, launched in November 2020, has quickly gained widespread adoption due to its ease of use, instant settlement, and low transaction fees. The system allows users to make payments and receive funds in real-time using only a mobile phone number or QR code. The record-breaking number of transactions on Friday, 6th, demonstrates the increasing reliance on PIX as a preferred payment method in Brazil.

The Central Bank of Brazil has attributed the growth in PIX transactions to several factors, including the increasing use of e-commerce, the expansion of PIX to new platforms, and the ongoing efforts to promote financial inclusion in the country. As PIX continues to evolve and expand its reach, it is expected to play an even greater role in the Brazilian financial landscape in the years to come.