Deep Dives

Pix: Brazil’s Instant Payments Masterstroke

When Brazil’s Central Bank (BACEN) launched Pix in November 2020, it wasn’t just another payment option. Born from years of pro-competition reforms, Pix delivered something Brazilians had never seen before...

The roots go back to 2013, when BACEN introduced payment institution licenses, cut entry barriers, and set up a clear regulatory framework.

An Introduction to Cards in Payments Edition 2: The Key Players in Payments

Illustration of multiple credit cards overlapping each other, featuring different colors and designs.

Pix: Brazil’s Instant Payments Masterstroke

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