The Central Bank of Brazil (BC) has reported a surge in PIX transactions, with a record-breaking 227.4 million transactions processed on Friday, 6th of the month. This represents a significant increase from the previous record of 216.2 million transactions set in December 2022.

PIX, a popular instant payment system in Brazil, has gained widespread adoption since its launch in 2020. Its ease of use and convenience have made it a preferred method of payment for both individuals and businesses. The recent surge in transactions is attributed to factors such as increased online shopping, digital payments for services, and the growing popularity of e-commerce.

The BC's data highlights the continued growth and acceptance of PIX as a reliable and efficient payment solution. The system's ability to facilitate instant and secure transactions has contributed to its widespread adoption, making it a key driver of Brazil's digital economy.