Brazil: The success of instant payment system PIX triggers US investigation into unfair competition

Featured image of the article Brazil: The success of instant payment system PIX triggers US investigation into unfair competition

An article by Morgane Monteiro

Publication

30 July 2025 à 17h12

Updated on 12 August 2025 à 12h11

Reading time

3 minutes

Publication: 30 July 2025 à 17h12, Updated on 12 August 2025 à 12h11

Reading time: 3 minutes

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In mid-July, the US launched an investigation into PIX, an electronic payment system created by the Central Bank that replaced bank cards and cash. This solution threatens the business of Visa, Mastercard, and WhatsApp Pay. This follows a report by Brazil's central bank highlighting the high usage rate of a free and instant payment method.

An article by Morgane Monteiro

Publication

30 July 2025 à 17h12

Updated on 12 August 2025 à 12h11

Reading time

3 minutes

Publication: 30 July 2025 à 17h12, Updated on 12 August 2025 à 12h11

Reading time: 3 minutes

Share
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Add to reading list Remove from reading list
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In Brazil (population of 212 million), the United States launched an investigation in mid-July into PIX, the free instant payment system in Brazil, which can be used for all types of payments and is accessible via all mobile banking apps. The announcement, which follows the imposition of 50% customs duties on Brazil, aims to assess possible anti-competitive business practices against US players such as Visa, Mastercard, and WhatsApp Pay.

Since launch in November 2020, PIX, which allows users...

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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