Fintech Insider Podcast by 11:FS cover image

973. News: Walmart and Amazon explore stablecoins, and has Chime's IPO set a new benchmark for fintechs?

Fintech Insider Podcast by 11:FS

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Revolutionizing Payments in Brazil

This chapter explores the introduction of Pix Automatico, Brazil's first recurring payment feature within the PIX Instant Payment System. It discusses how this innovation simplifies automatic payments for users and is expected to significantly boost e-commerce by facilitating over $30 billion in transactions. The chapter also contrasts regulatory environments between Brazil and the U.S., outlining challenges faced by retailers and the potential of open banking to enhance digital transactions.

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