Pix at Five: Business Payments Overtake Transfers as Brazil's Real-Time System Scales

Overview

• In October, person-to-business Pix payments reached 2.72 billion, edging past 2.69 billion person-to-person transfers, according to central bank data.
• An Ebanx analysis counts 196.2 billion transactions since launch through September, moving R$84.9 trillion, with the totals derived from public datasets.
• Ebanx projects December monthly volume could reach 7.9 billion transactions on holiday spending, a forecast rather than an official target.
• This year brought tap-to-pay Pix por aproximação for in-person use and Pix Automático for recurring charges, with 8.7 million proximity payments in October and R$7.3 million processed via Automático that month.
• A study using central bank figures finds Pix represents 51% of payment-method transactions this year, with usage near 93% of Brazilian adults even as cards continue to expand.