[josemando]

In Brazil, we have PIX, a way to make instant transfers 24/7 that is always free for individuals. It was launched in Nov/2020 as last month alone it had 1.8B transactions on its network.

It's really ubiquitous right now, as you can pay pretty much anything using it.

[edit] for those who like numbers, here are the stats from the federal bank (ps: it's in Portuguese): https://www.bcb.gov.br/estabilidadefinanceira/estatisticaspi...

[eliseumds]

And they recently launched the ability for trusted apps to start a Pix transaction. It'll open your banking app with the recipient and amount pre-filled, and all you have to do is authorise it.

They're working on an offline version now, we'll see... that'd be amazing.

All in all, I'll keep using credit cards for security (Pix transactions can't be disputed) and miles.

[dudus]

There's also a trend of kidnaping people in Brazil to force them to execute PIX transactions using their phones. It hasn't been exactly smooth sailing.

[cuteboy19]

I mean at that point no system is safe.