Tagged: pix

December 6, 2025 @ 5:01 pm By Omar Faridi  |  

As it marks five years of operations, Pix has reached almost 170 million users, according to an update from Brazil’s central bank. Transactions alone totaled BRL 11 trillion in 2024, highlighting its significant impact on the South American country’s financial services landscape. In November 2020,… Read More

November 27, 2025 @ 11:46 am By Omar Faridi  |  

KuCoin, a global cryptocurrency platform, has recently announced that its crypto payment arm, KuCoin Pay, has officially integrated with Pix. This latest move now aims to enable millions of Brazilian consumers to more easily convert and spend more than 50 different cryptocurrencies at nearly any… Read More

September 22, 2025 @ 6:31 pm By Omar Faridi  |  

In a move for cryptocurrency adoption in Latin America, Bitget Wallet, a non-custodial cryptocurrency wallet, announced its integration with Pix, Brazil’s widely used instant payment platform. This innovative partnership, facilitated through collaboration with local licensee Aeon, allows Bitget Wallet users to make direct payments using… Read More

September 12, 2025 @ 12:45 pm By Tony Zerucha  |  

Argentinian Fintech Kamipay’s deliberate strategy for providing cross-border, real-time payments in LatAm’s diverse market is successful. The infrastructure enables Argentines to pay with Pix in Brazil directly from their local apps, and that’s just the beginning. CFO and late co-founder Eduardo Dundas said Kamipay has… Read More

September 9, 2025 @ 12:33 pm By Omar Faridi  |  

Banco Central do Brasil (BCB) has solidified its position as a global enabler of digital financial services and sustainability with two significant developments: the release of its report on climate risks and social opportunities, and the steady performance of its instant payment system, Pix. These… Read More

June 13, 2025 @ 3:26 pm By Omar Faridi  |  

In 2024, Brazil’s payment landscape underwent a significant transformation, with Pix and cards emerging as the most widely used payment instruments, according to a recent report from the Banco Central do Brasil (BCB). This shift highlights the country’s rapid adoption of digital and instant payment… Read More

May 21, 2025 @ 2:42 am By Omar Faridi  |  

Binance Pay is now integrated with Pix, the instant payment system developed by Brazil’s Central Bank and used by millions every day. This means users in Brazil can make real-time payments in Brazilian reais using crypto, “converting their digital assets into local currency through a… Read More

May 9, 2025 @ 1:09 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the launch of tap-to-pay Pix, a new feature that integrates NFC technology into the app to simplify in-person payments. The solution reportedly offers customers an “agile way to use Pix, eliminating the need to scan QR codes.” To use it, clients… Read More

December 14, 2024 @ 11:30 am By Omar Faridi  |  

Nubank (NYSE: NU) is expanding Pix using generative artificial intelligence, both on its app and via WhatsApp. More customers can transfer money by giving commands using audio, text, and image messages, “ensuring convenience, speed, alongside a smoother experience and safety.” Pix with AI in the… Read More

November 19, 2024 @ 10:34 pm By Omar Faridi  |  

The Central Bank of Brazil (BCB) noted in an update that Pix now has security rules that apply for registering new devices. As mentioned in the update from BCB, cellphones, computers, and tablets being used in Brazil must now be registered with the bank to… Read More

October 13, 2024 @ 11:45 am By Omar Faridi  |  

Banco do Brasil (BB) and payment terminal operator Cielo are reportedly providing “Pix por aproximação” to a select group of the bank’s clients These clients can make purchases by bringing their smartphones close to the payment terminal at participating retail outlets. For the time-being, this… Read More

September 10, 2024 @ 10:28 am By JD Alois  |  

Payments platform EBANX is predicting its Pix service will top credit cards for online purchases in Brazil by 2025. According to a company statement, by 2025 Pix will account for 44% of all value transacted in online purchases in Brazil, Credit/Debit cards will are expected… Read More

September 4, 2024 @ 7:08 am By Omar Faridi  |  

Ume, a payment network and merchant services platform for small- and mid-sized businesses (SMBs) on Pix, has announced it has raised $15 million in Series A equity funding. The investment round was led by PayPal Ventures, “with participation from NFX, Globo Ventures, Clocktower Ventures, Big… Read More

April 29, 2024 @ 7:37 am By Tony Zerucha  |  

This past week, FastSpring, a merchant of record for global SaaS and software companies, and EBANX, a global technology company specializing in payments for rising markets, announced a partnership to enhance users’ payment experience within FastSpring’s product suite in Latin America through local payment method Pix. Pix, Brazil’s instant payment… Read More

April 8, 2024 @ 9:44 pm By Omar Faridi  |  

Banco Central Do Brasil (BCB), the central bank of Brazil, recently announced that it launched a new report on Pix aliases. Registrato users now reportedly “have access to the complete history of their Pix aliases, even those previously disabled.” Starting Tuesday (April 2), Pix users… Read More

January 2, 2024 @ 11:30 pm By Omar Faridi  |  

Banco Central do Brasil has released operational guidelines for the Pix Automático product. Pix Automático will be available to the population in October 2024. The new feature is designed “to streamline recurring payments, including monthly service fees.” The launch of Pix Automático is drawing near…. Read More

July 28, 2023 @ 8:04 am By Omar Faridi  |  

Matera, maker of instant payments, QR code and digital ledger technology, recently released its mid-year report on the adoption of Brazil’s Pix instant payments scheme. The latest Pix by the Numbers report “covers data through Q2 2023, and shows that there are more Pix transactions… Read More

February 18, 2023 @ 3:53 pm By Omar Faridi  |  

EBANX, a fintech company that specializes in international payments in rising markets, has been authorized by the Central Bank of Brazil (Bacen) “to offer a payment initiator service through Pix.” The PISP (Payment Initiation Service Provider) license “expands the range of services the global payments… Read More

February 11, 2022 @ 11:00 am By Omar Faridi  |  

Volt, the open payments gateway, has reportedly appointed Nathan Marion as General Manager LATAM, in order to lead its strategic expansion in Latin America (LatAm). This follows the Fintech firm’s integration of Brazil’s instant payments system, Pix. Marion joins from e-commerce platform VTEX. There, in… Read More

February 2, 2022 @ 6:04 pm By Omar Faridi  |  

Open Banking in Brazil marked its first anniversary on February 1, 2022 – and the South American nation is looking set to strengthen its position as a (maybe unlikely) open banking pioneer. The Brazilian reserve bank’s phased approach is considered to be a success, through… Read More