[Infographic] Instant payments: the ongoing payments revolution in Brazil
In 2024, Brazil's instant payments ecosystem hit new levels of innovation, cementing the country's position as a global reference in financial inclusion and banking technology.
In 2024, Brazil's instant payments ecosystem hit new levels of innovation, cementing the country's position as a global reference in financial inclusion and banking technology. Integrations between Pix and Open Finance expanded what's possible for consumers and businesses, reshaping how we interact with financial services.
With more than 170 million users and over 6 billion transactions per month, Pix is now branching into new modalities that address different needs across the Brazilian market. In this infographic, we explore the 6 Pix modalities available through Open Finance — modalities expected to push adoption to new highs by incorporating characteristics from other payment methods. We highlight their use cases, advantages and trends for what comes next. Take a look:
Conclusion
The new Pix modalities, combined with Open Finance, are driving a deep transformation in financial services:
- Lower transaction costs for businesses and consumers
- Democratized access to advanced financial services
- Personalized user experience based on behavior and needs
- Less friction across payment journeys and financial management
- Stronger security through multiple layers of protection
Looking ahead, we expect adoption of these new modalities to accelerate, with Pix Automático (available in production starting June 16, 2025) completing the ecosystem and opening the door to a new era of smart, automatic, user-centric financial services.