Helder Fonseca, partner, and Juliane Ferreira, senior associate, both at DRT Brazil: “Pix has attracted international interest due to its efficiency, speed and low transaction costs. Implementing Pix in the United States faces significant challenges. Technically, Pix is an integral part of the Brazilian Payments System, which requires a complex interoperability process with payment channels and protocols used in the United States. Its architecture, based on address keys and QR codes, may require adaptations to local systems to ensure operational compatibility.
What’s in Store for the Expansion of Brazil’s Pix System?
