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Whatever the PSP, people today practical experience a standardized journey over the apps, and companies make use of a standardized API to website link Pix with their techniques. Pix has become produced as a brand with a logo.
This paper discusses The true secret structure functions of Brazil’s instantaneous payment procedure (Pix) that have contributed to its results and compares some of its features with People of instant payment techniques in other nations around the world. The paper also outlines some remaining challenges while in the implementation of Pix.