PIX payment system

GPTKB entity

Statements (43)
Predicate Object
gptkbp:instanceOf instant payment system
gptkbp:acceptsPaymentMethod peer-to-peer
business-to-business
consumer-to-business
government-to-citizen
gptkbp:alternativeTo gptkb:DOC
gptkb:TED
boleto bancário
gptkbp:availableOn 24/7
gptkbp:countryOfOrigin gptkb:Brazil
gptkbp:currency gptkb:Brazilian_real
gptkbp:features encryption
multi-factor authentication
fraud monitoring
gptkbp:feeForIndividuals none
https://www.w3.org/2000/01/rdf-schema#label PIX payment system
gptkbp:integration payment institutions
all major Brazilian banks
fintechs
gptkbp:internationalResponse no (domestic only)
gptkbp:launchDate 2020-11-16
gptkbp:launched gptkb:Central_Bank_of_Brazil
gptkbp:logo gptkb:PIX_logo
gptkbp:marketAdoption high
gptkbp:openAPI yes
gptkbp:purpose facilitate instant payments
gptkbp:regulates gptkb:Central_Bank_of_Brazil
gptkbp:regulatoryFramework gptkb:Resolution_BCB_No._1,_2020
gptkbp:settlementPeriod seconds
gptkbp:supports gptkb:ATMs
mobile banking
internet banking
physical points of sale
gptkbp:targetUser over 140 million users (2023)
gptkbp:technology gptkb:email_client
QR code
alphanumeric key
cell phone number
gptkbp:tradeVolume over 26 billion transactions (2023)
gptkbp:transactionValue over R$ 10 trillion (2023)
gptkbp:website https://www.bcb.gov.br/estabilidadefinanceira/pix
gptkbp:bfsParent gptkb:Central_Bank_of_Brazil
gptkbp:bfsLayer 5