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Re:Brazil's Pix Payment System Faces Pressure from Visa and ... by hulitu on Saturday May 09, 2026 @09:51AM (#48074985)
> how is it that one or two companies can manage to squeeze everyone else out so completely?

Like everywhere: lobby and corruption. Works like a charm. Being based in the "World policeman" also helps.

Re:Brazil's Pix Payment System Faces Pressure from Visa and ... by registeredcorn on Monday May 11, 2026 @12:42PM (#48097362)
Do you mean that they have lobbied virtually all countries though, or what? I don't understand how they can be so dominant on a kind of global scale. I suppose there may be some places where they are not (I.e. North Korea, and a few other outliers) but I would assume they do have a certain amount of broad, global reach. Have they really just managed to bribe/make "friends" with (almost) every country on the planet?