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FEBRABAN survey: 71% of Brazilians use Pix; approval rate reaches 99% among youths

RIO DE JANEIRO, BRAZIL - The Central Bank's Pix, an instant transfer and payment system that recently completed a year, is currently used by 71% of Brazilians. The approval rate increased 9 points in 12 months and has reached 85%, according to a survey by the Brazilian Federation of Banks (FEBRABAN), released on Tuesday, December 28.

A year ago, approval stood at 76%.

The Pix's approval rate among young people (18 to 24 years old) reaches 99%, a level similar to the next age group (25 to 44 years old) at 96%. Among people over 60, the approval rate . . .

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