In Brazil, the free and instant mobile payment system Pix challenges US dominance
- Posted on July 29, 2025
- By Le Monde
- 1 Views
In Brazil, the free and instant mobile payment system Pix challenges US dominance
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.