Brazil central bank to launch Pix installment feature in September

Re:Brazil central bank to launch Pix installment feature in ... by em500 on Friday July 25, 2025 @08:29AM (#44682365)

> This is hands down one of the best instant payment platforms at the moment. Only India's UPI can match it in features, and China and Thailand in adoption.

I'm not familiar with Pix or UPI, so out of curiosity, how are they better than Alipay/WeChat Pay (which I am familiar with)?

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Re:Brazil central bank to launch Pix installment feature in ... by bat_sy on Friday July 25, 2025 @08:52AM (#44682577)

I can answer for UPI. Unlike AliPay/WeeChat, the central agency (NCPI) only maintains the API. Businesses are free to develop apps on top. In India, there are 50s of apps enabling UPI transactions. You are free to download whatever app you prefer unlike AliPay/WeeChat duopoly.

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Re:Brazil central bank to launch Pix installment feature in ... by iury-sza on Friday July 25, 2025 @12:07PM (#44684788)

Same for PIX. It's a payment protocol. Any fintech can build on top and support it.

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