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In a sense, Trump's rant against Pix is promoting it to the world. Moreover, some stores in Portugal and more recently France are accepting Pix as form of payment.


It's not a small population. There's estimated 40k Brazilians in the Netherlands for example, most of them illegal. They need a payment system which doesn't require a European bank account.

PS: I don't think anyone is illegal, but the system push them out.


Those are for the benefit of Brazilian tourists I guess?


Generally, yes. You need an account in some Brazilian bank to use PIX, so these are likely Brazilian nationals living abroad and accepting payments directly to their Brazilian accounts.




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