• Sal@lemmy.world
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    6 days ago

    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.