Recurring payments, Brazil's Pix next milestone in digital payments
The central bank of Brazil is gearing up to launch Pix Automatico, a form of direct debit through instant payment system Pix.
Source: fintechnexus.com
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Payments Summit, of EBANX, Will be Held in Brazil; Microsoft, Sony, Canva, Ozow, Mastercard, Itaú Unibanco, Central Bank of Brazil, and Banorte Already Among the Speakers
EBANX, a global company specializing in payments for rising markets, will hold the seventh edition of its Payments Summit, taking place in the city of São Paulo, Brazil, from September 18 to 20th.
Source: financialit.net
Pix is now the most used means of payment in Brazil
Instant payment system Pix has overtaken credit and debit cards as the most used means of payment in Brazil.
Source: fintechnexus.com
Pix Gangs' cash in on Brazil's mobile payments boom
Almost one in three Brazilians have been victims of financial scams and frauds, a 2022 survey by Brazil's banking association found.
Source: moneyweb.co.za
Surge in fraud via Brazil's digital banks
Instant payment mechanisms make it easier for people to be conned
Source: businesslive.co.za