Remittances drive crypto adoption in Latin America: report
Latin America makes up for a 9.1% of the global 2022 crypto transaction value, while remittances and high inflation are the highest drivers of adoption
Brazil - page 3
Nubank to develop a cryptocurrency
Brazilian challenger Nubank is currently working on its own cryptocurrency for the new rewards program
You can now pay taxes in crypto in Rio de Janeiro
Brazilian city will allow taxpayers to make crypto payments through third-party service providers
Over 12,000 Brazil companies break the record for crypto holdings
August data released by Brazil’s tax authority revealed that over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded
Ripple brings crypto-enabled enterprise payments to Brazil
In a partnership with Travelex Bank, Ripple has brought its On-Demand Liquidity (ODL) crypto offering to Brazil
Bexs forecasts triple-digit growth in payments and invests in new technologies and new product development
Following its recent acquisition by Ebury, a global fintech, Bexs has plans to expand internationally and invest in comprehensive forex digitalization and payment technologies
Paysend and Banco Rendimento teamed up for more affordable money transfers to Brazil via Pix
The service is available to all Paysend sending countries
Visa survey: here’s how many SMBs plan to accept crypto payments
This year’s study surveyed small business owners in 9 markets – Brazil, Canada, Germany, Hong Kong, Ireland, Russia, Singapore, UAE and US
Uber Eats quits Brazil
Uber will re-strategize delivery operations in Brazil. This means the delivery service provider will only retain packages and Cornershop grocery deliveries. Meanwhile, its food delivery service will be halted. The brand will only work with Uber Flash and Cornershop. Uber Flash will be used to deliver packages while Cornershop by Uber will be used for […]
Bexs rolls out 24/7 Brazil cross-border payment solution
The new solution was announced in the midst of the Money 20/20 conference in Amsterdam
Here’s who accounted for over 60% of high-value VC investments in Q2 2021
Both nations attracted high-value VC investment deals worth over $100 million both in terms of volume and value
Brazil’s economic forecast 2021: what’s coming next?
Bader Al Hussain PaySpace Magazine Analyst Brazil is the largest economy in South America and is also considered to be one of the fastest-growing major economies of the world. It is part of BRICS (Brazil, Russia, India, China, South Africa) and this acronym is associated with the five major emerging economies around the globe. […]
4 out of 5 consumers worldwide would use biometric payment card
The survey shows that many consumers are willing to use biometrics technology for payments
JPMorgan Chase takes 40% stake in Brazilian bank
The financial terms of the transaction were not disclosed
How to pay in Brazil: facts on country’s payments market
Find out how to pay in Brazil and which payment methods Brazilians prefer
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