What is the impact of PIX on the payment system?
Posted: Wed Jan 22, 2025 10:38 am
There is no denying that the methods we have today for making transfers are still somewhat obsolete. Even TED, in which the money is transferred on the same day, can take a few hours for the user to have the amount in their account.
Therefore, an instant payment system like PIX makes a big difference in bahrain phone number list of waiting times. Furthermore, transactions are not restricted to only taking place on business days. Users can make transfers on the weekend and are sure that the money will be received on the same day.
PIX will bring about a major transformation not only for this type of service. The expectation is that payments made via debit card will no longer be used as frequently, after all, it will be possible to make a transfer using an identification code.
Therefore, an instant payment system like PIX makes a big difference in bahrain phone number list of waiting times. Furthermore, transactions are not restricted to only taking place on business days. Users can make transfers on the weekend and are sure that the money will be received on the same day.
PIX will bring about a major transformation not only for this type of service. The expectation is that payments made via debit card will no longer be used as frequently, after all, it will be possible to make a transfer using an identification code.