While G7 central banks continue to agonise over supplementing physical cash with digital money, and in the case of the US, ban the central bank digital currency version outright, India has surged ahead with a mobile-based payments platform accounting for half the world’s real-time payments in 2023.| OMFIF
Pix, launched in November 2020, is Brazil’s most visible success in financial technology. Designed as a public, open instant payments platform, Pix| OMFIF