Brazil Real Time Payments Industry Overview
Brazil's Real-Time Payments Market is moderately competitive. The companies operating in the market are executing mergers and acquisitions and strategic partnerships to gain market share. Major players include Adyen, PayPal, and EBANX, among others. A few recent developments are:
- In June 2021, Ria Money Transfer, a cross-border money transfer industry and a subsidiary of Euronet Worldwide, Inc., launched its instant payment services in Brazil with the help of the country's new PIX real-time payments network. The easy-to-use digital infrastructure makes it easier and quicker for customers across the country to receive funds instantaneously at affordable rates.
Brazil Real Time Payments Market Leaders
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Adyen
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PayPal Payments Private Limited
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Digital River, Inc
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EBANX Ltda
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Stripe, Inc.
- *Disclaimer: Major Players sorted in no particular order