Brazil's instant payment system faces scrutiny from Trump administration (opens in new tab)

(apnews.com)

2 pointslbrito5d ago2 comments

2 comments

I prepared a research report sometime back on these "instant payment rails" that are coming up in many countries worldwide, mostly, developing ones.

Among many others, the report covers two of the biggest ones: UPI of India, and PIX of Brazil, and why it threatens the mastercard/visa duopoly.

ggm5d ago

Do NOT give in. Sure, they can complain. Visa/Mastercard can whine all they want. Do NOT give in.

j / k navigate · click thread line to collapse

I prepared a research report sometime back on these "instant payment rails" that are coming up in many countries worldwide, mostly, developing ones.

Among many others, the report covers two of the biggest ones: UPI of India, and PIX of Brazil, and why it threatens the mastercard/visa duopoly.

ggm5d ago

Do NOT give in. Sure, they can complain. Visa/Mastercard can whine all they want. Do NOT give in.

j / k navigate · click thread line to collapse