Sao Paulo

Brazil weighs halting Pix instant payments over rise in crime rate

Brazilian state São Paulo is reportedly mulling the suspension of Pix, the instant payments system developed by Brazilian central bank,…

Visa to open innovation center in Brazil

Digital payments giant Visa is planning to open an innovation center in Sao Paulo, Brazil, in the second half of…

Cielo begins negotiations to oversee Banco do Brasil card operations

Brazilian card-payment processor Cielo has started negotiations with federally controlled Banco do Brasil to manage its debit and credit card…

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