[carlosjobim]

> Brazil introduced Pix in 2019, it's now the most used payment method for all transactions nationwide, ahead of both cards & cash.

Is that by volume of transactions or total amount, or both?

Cash transactions can of course only be estimated for this statement.

[marcosdumay]

It took over cash in 2024 by number of transactions. And yes, cash is estimated.

I imagine bank transfers are still the largest payment method by value. Pix is taking over bank transfers, but companies have very few reasons to migrate.