Black Friday Instant Payments on Pix More Than Doubled from Last Year
Brazil, a trailblazer in instant payments, reported that its popular Pix platform facilitated transactions worth over 120.7% more this Black Friday compared to last year. According to the latest data from Brazil’s Central Bank, Brazilians spent roughly 130 billion reais ($21.60 billion) using Pix this Black Friday, up from 58.9 billion reais last year. In […]
Cross-Border Payments: Trends, Challenges, and Solutions
Cross-border payments are a vital part of the globalized economy, transferring trillions of dollars between countries each year. These transactions span traditional methods such as bank transfers and credit card payments, as well as emerging alternatives like digital wallets and mobile payment solutions. By 2030, Javelin Strategy & Research estimates that the market will grow […]