Brazil

mkt_br
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Pix anchors Brazil’s account-to-account payment landscape, with SPI settling transfers between providers. Boleto and domestic cards remain relevant to checkout, including cards without international enablement, making local coverage important in a market of 213 million people in 2025.

Alpha-3:BRA
NUM:076
Population
213M
GDP
$2.3T
GDP per Capita
$11K
GDP Growth
2.3%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Brazil

The use of physical cash is falling in Brazil: 69% of respondents used it in a 2024 central-bank survey, down from 84% in 2021. Pix has overtaken banknotes as the top method, though notes remain important for financial inclusion.

ATMs (PER 100K)
68.7
BANKS (PER 100K)
14.9
DEBIT CARDS (PER ADULT)
0.9
CREDIT CARDS (PER ADULT)
1.5
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Estimated Monthly Usage, Aurato Research, October 2026

Schemes

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Systems

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PSPs

Compliance

Standards