Automated payments bring $30B for Brazil’s Pix in e-commerce

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Elsewhere, Bahrain’s Arab Financial Services has received the green light to expand in the United Arab Emirates, investing $150 million to establish its presence.

The post Automated payments bring $30B for Brazil’s Pix in e-commerce appeared first on CoinGeek.

However, cash still accounted for 23% of all payments last year, with nearly half of all cash users attributing it to habit and wide acceptance.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaBahrainBrazilEgyptIndiaKenyaOmanUnited Arab Emirates

Topics: Digital Payments ECommerce Finance Samer Soliman Arab Financial Services PIX Middle East Eduardo de Abreu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 02:00:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 872 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 25917254

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