Brazil’s Pix gaining prominence in B2B transactions – report
Small businesses increasingly using platform for procurement, study from fintech company finds
Pix, the instant payment platform operated by the Central Bank of Brazil (BCB), is becoming a more popular option for smaller businesses making procurements, a report by Ebanx has found.
In its annual global payment landscape report, published on February 10, the Brazilian payments company says small- and medium-sized enterprises (SMEs) increasingly see non-card payment methods, such as Pix, as the “primary gateway” to facilitate procurements.
“Pix is the essential tool for the entrepreneur
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