Brazils

Pix Becomes Brazil’s Top Transaction Method

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PIX, Digital Transactions

Massive growth in digital payments in Brazil has reached another important step. At the end of 2024, PIX, the system supported by the country’s government which allows citizens to exchange funds transparent via their mobile phone, has become the country’s favorite method of transactions, overcoming cash, credit cards and traditional interban electronic transactions. According to … Read more

Brazil’s 2024 growth seen at 3.6%, fiscal target met, says finance minister By Reuters

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Brazil's 2024 growth seen at 3.6%, fiscal target met, says finance minister By Reuters

BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that the country’s economic growth is expected to reach 3.6% in 2024 and the primary deficit for the year is expected to reach 0.1% of gross domestic product (GDP). This means the government may have met its target of eliminating the primary deficit, excluding … Read more