The Pix instant payment system has become a staple for nearly everyone in Brazil, ranging from street vendors to large retail chains. Recently, renowned economist Paul Krugman praised Pix in an op-ed, calling it the “future of money.” Its widespread success has not only captured global attention but also stirred some political controversy, particularly after former US President Donald Trump initiated an investigation into the system.
Explore how Pix is revolutionizing financial transactions in Brazil and what its growing popularity means for the future of digital payments worldwide.