Pix' transaction count in 2023 was the largest in the peer-to-peer (P2P) and P2B environments, making up 89 percent of the total number of transactions. In May 2023, roughly 1.6 billion P2P transactions were made using Pix. Business-to-business (B2B) Pix transactions - one of the main segments in terms of transaction value - consisted of only 84 million transactions that month. Pix is widely regarded as one of the more important instant payment systems - much like UPI in India or CoDi in Mexico - as they are deliberately designed to convert a relatively high unbanked Brazilian population into using more digital payments.
Total number of Pix transactions processed for payments in Brazil from June 2021 to May 2023, by segment
(in millions)
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Central Bank of Brazil. (June 10, 2023). Total number of Pix transactions processed for payments in Brazil from June 2021 to May 2023, by segment (in millions) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1230158/number-pix-transactions-type-brazil/
Central Bank of Brazil. "Total number of Pix transactions processed for payments in Brazil from June 2021 to May 2023, by segment (in millions)." Chart. June 10, 2023. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1230158/number-pix-transactions-type-brazil/
Central Bank of Brazil. (2023). Total number of Pix transactions processed for payments in Brazil from June 2021 to May 2023, by segment (in millions). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1230158/number-pix-transactions-type-brazil/
Central Bank of Brazil. "Total Number of Pix Transactions Processed for Payments in Brazil from June 2021 to May 2023, by Segment (in Millions)." Statista, Statista Inc., 10 Jun 2023, https://www.statista.com/statistics/1230158/number-pix-transactions-type-brazil/
Central Bank of Brazil, Total number of Pix transactions processed for payments in Brazil from June 2021 to May 2023, by segment (in millions) Statista, https://www.statista.com/statistics/1230158/number-pix-transactions-type-brazil/ (last visited October 30, 2024)
Total number of Pix transactions processed for payments in Brazil from June 2021 to May 2023, by segment (in millions) [Graph], Central Bank of Brazil, June 10, 2023. [Online]. Available: https://www.statista.com/statistics/1230158/number-pix-transactions-type-brazil/
