17/08/2026
Last week, I contributed to The Dialogue’s Financial Services Advisor on the recent debate around Pix and its role in Brazil’s payment ecosystem.
The discussion touches on issues that are becoming increasingly relevant globally, including public digital infrastructure, competition in payments and the resilience of domestic financial systems.
In my comments, I highlighted how Pix has helped expand financial inclusion in Brazil, lower transaction costs and create a common infrastructure on which banks, fintechs and payment institutions can compete and innovate.
I also mentioned the broader strategic dimension of payments. Having strong domestic infrastructure does not mean closing the market to international players. Brazil’s experience shows that public infrastructure and private-sector competition can coexist and contribute to a more efficient ecosystem.
Thanks to Gene Kuleta and The Dialogue for the invitation.