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five million individuals (as of December 2022) who had not created any electronic credit transfers above a just one-calendar year time period just before the start of Pix and so are Pix consumers now. Payment volumes for Pix at the moment are almost five occasions better than those for debit and charge cards merged. As compared with Digital payment devices globally, together with with advanced economies, Brazil has experienced the swiftest adoption rate in terms of transactions per capita gained since implementation.3
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