Brazil news and trends

Brazil’s PicPay Begins Offering Instant Payments via Meta and Microsoft

November 11, 2024
PicPay
PagBrasil and B89 Team to Extend Pix Payments Beyond Brazil
Partnerships // November 06, 2024

Peru’s B89 teamed with PagBrasil, which develops cross-border solutions for Brazil’s Pix payment system. The partnership will let B89 — a digital financial solutions company — offer the real-time payment services of Pix International to merchants outside Brazil, according to a Wednesday (Nov. 6) press...

Matera CEO Thinks US Banks Should Take a Page From Brazil’s Success With Pix and...
Payments Innovation // November 06, 2024

Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant...

Global Push for Real-Time Payments: EU, Brazil and South Africa Lead the Way
Real-Time Payments // November 06, 2024

Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance with its regulations. A recent example is Broadridge Financial Solutions, which just launched its Instant...

Brazil’s Central Bank Previews Contactless Pix Payments
Digital Payments // November 05, 2024

Contactless Google Wallet payments are coming to Brazil’s Pix system. The country’s central bank this week previewed the new offering — Pix by Proximity — on Monday (Nov. 4), with central bank (BC) President Roberto Campos Neto joined by Fábio Coelho, president of Google Brazil....

Interviews & Exclusives
Matera CEO Thinks US Banks Should Take a Page From Brazil’s Success With Pix and QR Code Payments

November 06, 2024
Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant payments technology is moving banks closer than ever to end […]

Global Push for Real-Time Payments: EU, Brazil and South Africa Lead the Way

November 06, 2024
Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance...

Instant B2B Payment Solutions Find Traction in Emerging Markets

October 18, 2024
Change rarely occurs in isolation. With more businesses in emerging economies going digital with their purchases, pressure is building to modernize the payment process as well.   “When it comes to...

92% of Small Businesses in Latin America Accept Digital Payments

October 03, 2024
As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting away from cash and embracing...

Quick Reads
Brazil’s PicPay Begins Offering Instant Payments via Meta and Microsoft

November 11, 2024
Digital bank PicPay is offering access to Brazil’s Pix instant payment system via WhatsApp. The new artificial intelligence (AI)-powered offering, announced Monday (Nov. 11), is made possible by PicPay’s partnerships with WhatsApp owner Meta and Microsoft. “Unlike traditional chatbot assistants, PicPay’s GenAI, developed in-house and powered by Microsoft Azure OpenAI Service, can instantly recognize Pix keys in a […]

PagBrasil and B89 Team to Extend Pix Payments Beyond Brazil

November 06, 2024
Peru’s B89 teamed with PagBrasil, which develops cross-border solutions for Brazil’s Pix payment system. The partnership will let B89 — a digital financial solutions company — offer the real-time payment...

Brazil’s Central Bank Previews Contactless Pix Payments

November 05, 2024
Contactless Google Wallet payments are coming to Brazil’s Pix system. The country’s central bank this week previewed the new offering — Pix by Proximity — on Monday (Nov. 4), with...

Santander’s Getnet Launches Single Entry Point for Payments in Latin America

October 25, 2024
Getnet launched a regional eCommerce solution that provides a single entry point (SEP) for payments in Argentina, Brazil, Chile and Mexico. The new Getnet SEP gives merchants in these countries...