Economy

Pix breaks record, exceeds 227 million transactions in single day

The record was set in July, totaling BRL 119.429 billion

Welton Máximo

Published on 10/09/2024 - 11:22

Agência Brasil - Brasília

Pix é o pagamento instantâneo brasileiro. O meio de pagamento criado pelo Banco Central (BC) em que os recursos são transferidos entre contas em poucos segundos, a qualquer hora ou dia. É prático, rápido e seguro. — © Marcello Casal JrAgência Brasil

Last Friday (Sep. 6), Brazil’s Central Bank instant transfer system, Pix, set a new record by surpassing 227 million transactions in a single day. This broke the previous daily record of 224.2 million transactions, set on July 5.

The Pix system, developed by the Central Bank, allows for the transfer of funds between accounts within seconds, 24/7.

“The figures further underscore Pix’s role as a crucial public digital infrastructure for promoting financial inclusion, innovation, and competition in Brazil’s payment services sector,” the Central Bank stated.

Volume handled

In terms of value, BRL 118.418 billion was transferred last Friday (6), marking the second highest daily total on record, just behind the BRL 119.429 billion processed on July 5.

Launched in November 2020, Pix had accumulated 168.15 million users by the end of August, according to the latest monthly statistics. This total includes 153.11 million individuals and 15.04 million companies. By July, the system had surpassed BRL 2.415 trillion in transactions since its inception, based on the most recent consolidated data.