Pix is the fastest instant payment system in the world, according to a Central Bank (BC) report on Thursday 20. After that, systems from Chile and Denmark appear. As for the federal autonomous system, the accession rate should increase and the country would remain at the top of the list. The calculation is made to the individual, that is, it takes into account the number of transactions in relation to the population.
The report states that Brazil will be in second place, after Chile, but the data used were from March and, according to British Columbia, will be outdated. With more current numbers, as of May 16th, the country reached number one. The document deals with regulations from ten countries. In addition to Brazil, Chile and Denmark, similar services are being developed in Nigeria, Australia, Mexico, India, Singapore, Sweden and the United Kingdom.
The high usage of Pix is more evident when its adoption rate, defined as the number of transactions per capita in a country, is compared with the rate of instant payment arrangements in other countries. In its first year of adoption, given only five months of data, Pix was the 2nd ranked spot payments with the fastest approval among selected countries, “BC says in the report.
“In light of the monthly growth rate of Pix usage, the Pix adoption rate is expected to be the highest ever set, when full data is available for the first year after implementation,” he continues. Pix surpassed R $ 1 trillion in transactions in April 2020 alone, six months after its launch.