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by janpeuker
40 days ago
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Lots of other Asian countries already did something similar, e.g. Singapore had PayNow QR Codes (probably the closest to Pix) since 2017, Thai PromptPay was even earlier and India UPI (slightly different wallet system) since 2016. China was even earlier but different though private superapps. What has changed, and I find interesting, is that Card rails are more and more used for political pressure [1], and I feel the "American hemisphere" is probably the reason Pix gets more of this pressure than Asian countries. 1) https://www.icc-cpi.int/news/icc-strongly-rejects-new-us-san... |
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