Exploring the Future of Credit, Cross-Border Transactions, and Direct Debit in Brazil’s Pix System in 2023
The Brazilian payments landscape is set to undergo a dramatic transformation in the coming years. With the launch of the Pix system in 2020, Brazil has become the first country in Latin America to introduce a real-time payments system. This system has the potential to revolutionize the way Brazilians make payments, and it is expected to have a major impact on the way credit, cross-border transactions, and direct debit are handled in the country. In this article, we will explore how these payment methods are likely to evolve in Brazil