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Brazil: number of financial institutions using Pix 2021, by type

Number of financial institutions adopting Pix as a payment method in March 2021, by type

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Release date

April 2021

Region

Brazil

Survey time period

March 2021

Supplementary notes

The testing phase of the electronic payment method Pix started in Brazil in October 2020. It allows instant money transfer between bank accounts in that country by using the so-called Pix keys. Each person or company with a bank account in Brazil can register their id number, email address, and/or telephone number as a Pix key. It is also possible to register a random, alphanumeric Pix key automatically created by the Central Bank of Brazil (BCB, as abbreviated in Portuguese).

Numbers have been rounded.

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