this post was submitted on 14 Jan 2026
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Mastercard/Visa’s control (lemmy.world)
submitted 2 days ago by ontariobay@lemmy.world to c/curatedtumblr@sh.itjust.works
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[–] SalamenceFury@lemmy.world 18 points 2 days ago* (last edited 2 days ago) (1 children)

Or, there could just be an instant payment thing that's run by the federal bank. Brazil created Pix, which is essentially an instant payment processor that makes transferring money piss easy, and it works 24/7 regardless of date and the money arrives in less than five seconds. It's managed by the Central Bank too, and every bank that operates in the country is connected to it.

[–] SharkWeek@lemmy.blahaj.zone 1 points 2 days ago

Same in Spain with Bizum