[muvlon]

Interesting that you'd mention Brazil. I consider it one of the very few examples of countries successfully replacing PayPal with a publicly owned service. Pix is ubiquitous in Brazil and has been for years. It has not only displaced PayPal but also cash and (in large parts) Visa/MasterCard, even in the face of US tariff threats.

[usrnm]

It's actually pretty common for local payment systems to exist, it's not just Brazil. I've seen such systems in Europe, Asia, Africa and I'm sure they exist in other places I've never been to

[muvlon]

Oh they exist all over the place. Pix is just unique in its success. It has only been around for ~5 years and it's completely taken over the country.