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payment-systems

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U.S. Opens Inquiry Into Brazil's PIX Instant Payment SystemAbc News
politics16 days agoDeveloping

U.S. Opens Inquiry Into Brazil's PIX Instant Payment System

The Office of the U.S. Trade Representative has opened an inquiry into Brazil's PIX system, citing concerns over unfair competition with U.S. credit card operators. PIX, launched in 2020 and operated by Brazil's Central Bank, processed $7 trillion in transactions last year and is…

Abc News
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