UnionPay to Integrate Chinese Payment Apps with Brazil's Pix System

UnionPay to plug Chinese payment apps into Brazil’s Pix after US tariffs over the system

China’s UnionPay International plans to connect Chinese payment apps to Pix, the Brazilian payment system at the centre of Washington’s trade case against Brasilia, allowing Chinese tourists to pay by scanning a code. Under the pilot, users of the UnionPay app and of Chinese bank apps linked to its platform would scan a merchant’s code and pay from the account they use at home. Chinese state media reported that access would later extend to other digital wallets in UnionPay’s global network. P...

By Igor Patrick