PIX

Company profile

PIX company profile

PIX is a digital instant payments system that allows 24/7 transactions in real-time between different institutions. It is through PIX that all wallets that use QR Codes will be interoperable, meaning transfers and payments will be allowed from one e-wallet to another in real-time, 24/7. Digital wallets are simply companies that today are simply storing credit card information for users and letting them top up the balance of a transactional account to make the checkout process easier. PIX was launched in November 2020 by the Central Bank of Brazil.