AI
Pix Iti Itau
Pix is a project of the Brazilian Central Bank to set up an instant payment method in all financial institutions. Based on experience manuals released by the Central Bank throughout 2020, participating institutions adapted to implement and launch the service in November.
The payment or transfer that until then was made by different means with various taxes and restrictions could now be made with Pix via mobile or desktop. Users would transfer or pay free of charge with QR Code, registered account number, or identification keys.