In 2022, Pix, an instant payment method created by the central bank, has completed two years. During this period, the system provided a series of benefits to users and companies, providing flexibility and ease in making payments and transfers. A report by North America ACI Worldwide estimates that by 2026, real-time payments will account for a quarter of all electronic transactions in the world..
In Brazil, the study also indicates continued growth by noting that by 2026, Pix may account for 56.8% of all transactions. Countries like India, China, United Kingdom, Australia and United States are already using instant payment methods. As a result, new innovative processes for system optimization are increasingly being developed.
The challenge now is to integrate an instant payment method that works internationally. Called Nexus — the technology developed by the Bank for International Settlements (BIS) in its innovation center — the idea is Incorporating countries that already have an instant payment system similar to Pix, further facilitating the transfer of resources and purchases made around the world.
The system is still in the testing phase, and it will be able to unify more than 60 countries, providing faster and simpler transactions between different countries and currencies, in less than a minute. Although not actively involved in technology development, BC pays attention to technologies and prepares for new resources, and is already studying Pix Internacional’s model and adjusting its processes to implement technology
Marcelo Fonseca, Economist and Partner at HLB Brasil, a global auditing, consulting and outsourcing company with a presence comments: “If the new system works, it will make life easier for everyone, as well as favoring exchange services, remittances and international payments” in the main capitals.of the country. “The coming years promise innovation and technology that can bring countries closer together, improve relations and increase transaction and purchase opportunities. We can only hope for more benefits that the digital world can provide to facilitate our routine in several aspects,” he adds.
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