A few years back I remember who I believe was a commission leader in Brussels commenting on Pix along the lines of: Pix has given banking access to many Brazilians. We already have a very high quota in Europe, so we will not need an equivalent system… I don’t think there’s much interest in the political sphere for a publicly run solution like this.
Pix had anything to do with banking access. You need to have a bank account to have access to pix. Pix is a money transfer system, that is free for individual users and extremely cheap for companies, controlled by the central bank that works instantly 24/7.
Edit: is also mandatory for banks and financial institutions so everyone has it
Brazilian Pix be like:
A few years back I remember who I believe was a commission leader in Brussels commenting on Pix along the lines of: Pix has given banking access to many Brazilians. We already have a very high quota in Europe, so we will not need an equivalent system… I don’t think there’s much interest in the political sphere for a publicly run solution like this.
Pix had anything to do with banking access. You need to have a bank account to have access to pix. Pix is a money transfer system, that is free for individual users and extremely cheap for companies, controlled by the central bank that works instantly 24/7.
Edit: is also mandatory for banks and financial institutions so everyone has it