Buy European@feddit.ukEnglish · 3 days ago

In Brazil, the free and instant mobile payment system Pix challenges US dominance

www.lemonde.fr

cross-posted to:
buycanadian@lemmy.ca

124

In Brazil, the free and instant mobile payment system Pix challenges US dominance

www.lemonde.fr

Davriellelouna@lemmy.world to

Buy European@feddit.ukEnglish · 3 days ago

cross-posted to:
buycanadian@lemmy.ca

Launched by the Central Bank of Brazil, this system is now used more than credit cards and cash. Its popularity is so great that WhatsApp had to abandon a payment system it wanted to launch locally.

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𝙲𝚑𝚊𝚒𝚛𝚖𝚊𝚗 𝙼𝚎𝚘𝚠@programming.dev
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2 days ago
The closest would be PayByBank, which basically just uses the bank’s own instant payment systems. Or stuff like Tikkie would also be similar.

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