The use of Pix as a payment method is already a national habit among Brazilians. Used by 76.4% of the population, according to a survey by the Central Bank, Pix is accepted in Brazilian digital commerce. Among all available payment options in Brazil, the service provided by the Central Bank is the most sought after by Brazilians.
Recently, a series of rumors have emerged regarding fund availability and charges on Pix. This misinformation has had a major impact on the system’s usage. Many Brazilians, both business owners and freelancers, have become hesitant to use it. Although this caused some concern across Brazil, it does not reflect the payment method choice for most citizens in 2025, who still intend to use it.
However, according to Central Bank (BC) data, the percentage of contactless credit card transactions increased from 23.1% in 2022 to 31.1% in 2023.
Also known as contactless payments or NFC (Near Field Communication) payments, this trend is driven by digitalization, increased smartphone and smartwatch usage, and the convenience of not having to enter passwords or remove cards from wallets. The use of mobile phones…
Regarding what’s to come, Drex, being the CBDC (Central Bank Digital Currency), promises greater speed, security and financial inclusion in large transactions. Drex is a digital version of the Real – meaning 1 Drex equals R$1 – though unlike cash, it exists solely within digital wallets accessible through financial institutions.
Drex is currently in pre-testing with an expected launch in 2025. Its intended purposes include creating programmable money for exchanging goods or facilitating complex transactions like real estate or vehicle purchases through self-executing contracts. Unlike PIX (an instant payment system), Drex represents the digital currency itself.
Digital assets extend beyond speculative use, with cryptocurrencies becoming practical payment alternatives. According to Statista, transactions with these assets reached $1.62 billion in 2023 alone, with projected 200% growth by 2030. Fast-food chains like Burger King and KFC already accept cryptocurrencies as payment in countries like Canada and Venezuela.
Pegged to stable assets like the dollar or real, stablecoins differ from other cryptocurrencies by maintaining a fixed value, emerging as a new payment alternative. Incrementally, Visa and Mastercard departments are incorporating these assets into payment networks, enabling faster processing and reduced costs for international transactions.
The ‘Buy Now, Pay Later’ (BNPL) model stands out by allowing consumers without credit cards or loans to purchase products/services via interest-free installments. Mobiup already offers a solution called Trade and Go for such payments. This method, widely provided by fintechs, is now being adopted by major financial institutions and retailers. By 2025, BNPL will likely see further integration with shopping apps and banking platforms, enhancing user experience.
2025 will bring dramatic changes to payment methods – a positive development for users who’ll have more options to manage assets, allowing greater flexibility and security.
