News for hackers. Stuff that matters.
Re:Brazil's government-run payments system has become dominant by Guestmodinfo on Tuesday April 08, 2025 @08:24AM (#43620883)
I wish we could make a comparison with Indian payment system calld UPI. I feel both are similar and I wish if we could know and compre all such govt run initiatives. UPI is Indian govt initiative and very reliable
Re:Brazil's government-run payments system has become dominant by pastelsky on Tuesday April 08, 2025 @11:52AM (#43623193)
UPI is great in terms of UX, but I don’t think it’s super reliable – especially big public banks go down all the time. The UPI base service had multiple incidents in the last 1 month too.
Re:Brazil's government-run payments system has become dominant by dyauspitr on Tuesday April 08, 2025 @02:26PM (#43624944)
The main difference is UPI is decentralized whereas Pix is centralized to the central bank of Brazil.