The Pix payment system in Brazil has reached a new milestone, processing over 227 million transactions in a single day, setting a record for the platform.
Postada em 30/09/2024 às 10:32
Por Instant Payment
The Pix system, which enables instant and free payments between individuals and businesses, has gained widespread adoption in Brazil since its launch in 2020. The latest figures indicate a surge in its usage, with the number of transactions increasing significantly. The record-breaking day saw a total value of transactions exceeding 50 billion Brazilian reais (approximately 9.5 billion US dollars). This growth is attributed to the convenience and accessibility of the platform, which allows users to make payments using their smartphones or other devices. The Pix system is expected to continue playing a pivotal role in Brazil's digital payments landscape, further driving financial inclusion and economic growth.
