👍 US fintech Fiserv will allow Brazilians🇧🇷 to use #Pix in the United States🇺🇸

Morgan Ellis

👍 US fintech Fiserv will allow Brazilians🇧🇷 to use #Pix in the United States🇺🇸

The Brazilian instant payment system will soon be accessible in America.

🟢 By the end of 2023, Brazilian tourists were able to use Pix in neighboring countries such as Uruguay🇺🇾 and Argentina🇦🇷. The positive experience, in which Fiserv also participated, has fueled further expansion efforts!

🟢 Pix is very attractive to merchants in Brazil and beyond, given that the cost of processing payments is significantly lower compared to Visa and Mastercard.

🟢 In Brazil, Pix recently broke its own record: the number of daily transactions in the system increased to 180 million.

🟢 Meanwhile, in the United States, the Federal Reserve launched FedNow in June 2023, introducing a real-time internal payment system. However, it has yet to gain widespread popularity, facing stiff competition from the country's mature and efficient banking system.
#news #Brazil #USA

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