Brazilian instant payments system PIX

E231035

Brazilian instant payments system PIX is a nationwide real-time electronic payment platform in Brazil that enables instant, low-cost transfers between individuals, businesses, and government entities 24/7.

All labels observed (2)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf Brazilian payment system ⓘ
instant payment system ⓘ
real-time gross settlement-based payment scheme ⓘ
accessChannel internet banking ⓘ
mobile banking apps ⓘ
payment institution apps ⓘ
aliasType email address ⓘ
phone number ⓘ
random key ⓘ
taxpayer identification number (CPF or CNPJ) ⓘ
availability 24/7 ⓘ
country Brazil ⓘ
currency Brazilian real ⓘ
feeStructure free-for-most-individual-users ⓘ
low-cost ⓘ
geographicScope nationwide ⓘ
governingLaw Brazilian law ⓘ
inception 2020 ⓘ
integration Brazilian banking system ⓘ
Brazilian fintech ecosystem ⓘ
ISO4217CurrencyCode BRL ⓘ
launchDate 2020-11-16 ⓘ
legalJurisdiction Brazil ⓘ
operator Central Bank of Brazil ⓘ
paymentType push payments ⓘ
purpose foster competition in financial services ⓘ
increase efficiency of retail payments ⓘ
promote financial inclusion ⓘ
reduce use of cash ⓘ
region Latin America ⓘ
regulator Central Bank of Brazil ⓘ
supports QR code payments ⓘ
account-to-account transfers ⓘ
bill payments ⓘ
business-to-business payments ⓘ
e-commerce payments ⓘ
government-to-person payments ⓘ
in-store payments ⓘ
person-to-business payments ⓘ
person-to-person payments ⓘ
proxy-based payments ⓘ
tax payments ⓘ
targetUser businesses ⓘ
government entities ⓘ
individuals ⓘ
technology QR code ⓘ
alias-based addressing ⓘ
transactionSettlement instant ⓘ
transactionSpeed real-time ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Central Bank of Brazil → operates → Brazilian instant payments system PIX ⓘ
Brazilian Payment System → component → PIX instant payment system ⓘ
subject linked to: Brazilian Payment System (SPB)
linked to: Brazilian instant payments system PIX