Pix has quickly become the main payment method in Brazil. However, this solution is not exclusive to our country. In other territories, there are also different models of instant payment systems .
Therefore, a measure that has been discussed around the world is to create an instant and international payment model – one that can connect customer accounts in different countries and overcome exchange rate barriers.
But how would this international Pix work? Find out everything about this subject in our article. Keep reading!
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What is International Pix?
Pix Internacional is a form that mexico whatsapp number data are calling the “Nexus project” , which is an initiative of the BIS (Bank for International Settlements), an institution that is known as the “central bank of central banks” and helps regulate international trade.
The idea of the Nexus project is to connect the payment system of more than 60 different countries .
The project is currently in a testing phase called Proof of Concept (POC). During this phase, simulations are carried out to verify the feasibility of large-scale transactions . Three payment systems are currently being tested: Singapore, Malaysia and the Eurozone by the Bank of Italy.
Why have an International Pix?
A payment system connected moscow in popular delivery services is essential to increase the efficiency of financial operations globally, and can positively impact the national economy.
In addition, Nexus can also offer an infrastructure to streamline transactions and negotiations between individuals and corporate accounts . With greater efficiency, everything happens faster, with greater transparency and lower costs.
Is Brazilian Pix international?
No, it is essential to emphasize that uae cell number Brazilian Pix , as we know it and use it in our financial routine, is a national model only.
However, it is possible to say that Pix was a great inspiration for the Nexus project, as it was widely adopted by Brazilians, and in a very short time.