PIX: explaining a state-owned Fintech

Abstract This paper aims to explain the Brazilian Central Bank’s (BCB) decision to create and operate a new instant payment system: PIX. Understanding that “digital financialization” can take different forms, this study sheds light on the factors that led to the BCB’s choice to launch a “state-owned...

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Bibliographic Details
Main Authors: Mario G. Schapiro, Pedro Salomon Bezerra Mouallem, Eric Gil Dantas
Format: Article
Language:English
Published: Editora 34 2023-11-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572023000400874&lng=en&tlng=en