Pix news and trends

dLocal Becomes Certified Payment Initiation Service Provider in Brazil
Cross-border Payments // November 26, 2024

Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. The company gained this ability by becoming a certified Payment Initiation Service Provider (PISP) in Brazil, authorized by the Central Bank, dLocal said in a Tuesday...

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

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...

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 […]

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...

Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank

August 16, 2024
Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin America, for all intents and...

Quick Reads
dLocal Becomes Certified Payment Initiation Service Provider in Brazil

November 26, 2024
Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. The company gained this ability by becoming a certified Payment Initiation Service Provider (PISP) in Brazil, authorized by the Central Bank, dLocal said in a Tuesday (Nov. 26) press release. The certification enables dLocal to deliver streamlined […]

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...

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...