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0 pointscarlosjobim2mo ago0 comments

> Brazil introduced Pix in 2019, it's now the most used payment method for all transactions nationwide, ahead of both cards & cash.

Is that by volume of transactions or total amount, or both?

Cash transactions can of course only be estimated for this statement.

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marcosdumay2mo ago

It took over cash in 2024 by number of transactions. And yes, cash is estimated.

I imagine bank transfers are still the largest payment method by value. Pix is taking over bank transfers, but companies have very few reasons to migrate.

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marcosdumay2mo ago

It took over cash in 2024 by number of transactions. And yes, cash is estimated.

I imagine bank transfers are still the largest payment method by value. Pix is taking over bank transfers, but companies have very few reasons to migrate.

j / k navigate · click thread line to collapse