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Home / news / ๐Ÿ˜ฑ Brazil ๐Ÿ‡ง๐Ÿ‡ท sees a shift in digital payments as e-wallets grow faster than Pix
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๐Ÿ˜ฑ Brazil ๐Ÿ‡ง๐Ÿ‡ท sees a shift in digital payments as e-wallets grow faster than Pix

๐Ÿ˜ฑ Brazil ๐Ÿ‡ง๐Ÿ‡ท sees a shift in digital payments as e-wallets grow faster than Pix

According to a study by Payments and Commerce Market Intelligence, in 2025 digital wallets recorded 20% growth(particularly visible in e-commerce), surpassing the performance of the instant payment system Pix, which grew 18%during the same period.

๐ŸŸฐ This pace of growth allowed digital wallets to surpass traditional bank checks and become the third most-used payment method in the country, behind only Pix and credit cards, accounting for 9% of total transaction volume.

๐ŸŸฐ According to the Global Payments Report 2025 by Worldpay, 84% of Brazilians already use digital wallets regularly. In segments such as transportation, delivery services, streaming, and digital gaming, this payment method even surpasses credit cards in popularity.

๐ŸŸฐ Analysts believe that platforms have taken the lead in wallet integration, as they view payments as part of the user experience, rather than merely the final stage of the checkout process.

๐ŸŸฐ In any case, projections from the Market Intelligence study indicate that digital wallets in Brazil will continue growing at approximately 13% annually through 2028.

#news #Brazil #fundamentals

๐ŸŒŽ payplanet.com verified partner for LatAm, India๐Ÿ‡ฎ๐Ÿ‡ณ Turkey๐Ÿ‡น๐Ÿ‡ท @pay_planet

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