About
Pix is Brazil's instant payment scheme, designed and run by the Banco Central do Brasil and live since 16 November 2020. A payer sends money to a registered Pix key or by scanning a QR code from any participating bank or fintech app, and the transfer completes instantly, 24 hours a day. Beyond person-to-person transfers it now covers merchant checkout, billing (Pix Cobranca), recurring debits (Pix Automatico) and contactless payments. In 2025 Pix handled nearly 80 billion transactions worth over R$35 trillion and was used by 148 million people and 12.8 million companies, with more than 920 million keys registered.
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News
Fiserv opens Commerce Hub worldwide, offering enterprise merchants one connection to local methods such as Pix
Fiserv has made Commerce Hub generally available worldwide, pitching one integration for local payment methods, acquiring and settlement across markets.
Colombia's Bre-B reaches 83% of adults in its first year, and the central bank turns to business payments
An EBANX analysis puts Colombia's instant-payment system ahead of Pix's early pace, with rules for recurring and business payments expected by year-end.
