Banco do Brasil enables Pix payment in Argentina [Yahoo! Finance]
BANCO DO BRASIL SA S/ADR (BDORY)
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Source: Yahoo! Finance
Banco do Brasil has introduced a new feature to enable Brazilians in Argentina pay for their purchases using Pix, Brazil's instant payments system. The service is available to all Pix users, including those who do not bank with Banco do Brasil, Reuters reported quoting the bank. It was developed in partnership with Argentine lender Banco Patagonia, which is majority-owned by the Brazilian bank. Banco do Brasil Internal Controls and Risk Management vice-president Felipe Prince was quoted by the news agency as saying: “The launch of Pix abroad strengthens Banco do Brasil's international ?operations and underscores its commitment to innovation in payment methods.” Prince said Argentina is the first step in the bank's strategy to expand payment options for Brazilian users internationally. Banco do Brasil said it is considering to extend the Pix payment feature to other markets in the Americas, Europe and Asia. The bank said it is focusing on regions with large Brazilian communi
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News
- Banco do Brasil launches Pix payment feature in Argentina, eyes expansion [Yahoo! Finance]Yahoo! Finance
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