[vslira]

GP's point (which I believe is naive, I suspect foul play from competitors, especially big banks) is that FB was trying to corner the market through network effects before an open standard took hold and the Central Bank acted to stop that from happening.

[cheez]

And now PIX will never be implemented.

[kawera]

PIX is in test and will be available to all brazilians from october. Several payment operators are implementing it's protocol.

[cheez]

Hope you are right.

[fredguth]

In Brazil, we have had same-day money transfer (normally it takes 15 min) among accounts in different banks. Same bank accounts have "instantaneous" money transfer. PIX will make it simpler for newcomers.