Pix (Portuguese pronunciation: [ˈpiks]) is an instant payment platform created and managed by the Central Bank of Brazil (BCB). It enables instant transfers between individuals in Brazilian real 24 hours a day and without interruptions, even outside banking hours, during holidays or weekends, with no fees.
Pix (Portuguese pronunciation: [ˈpiks]) is an instant payment platform created and managed by the Central Bank of Brazil (BCB). It enables instant transfers between individuals in Brazilian real 24 hours a day and without interruptions, even outside banking hours, during holidays or weekends, with no fees.
Source: Wikipedia "Pix (payment system)" · CC BY-SA 4.0
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