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Brazil Says It Will Not Change Pix Payment System After U.S. Criticism

Summary by UPI
Brazilian President Luiz Inácio Lula da Silva said his government won't modify instant payment system Pix after new criticism from the United States

9 Articles

Lean Right

A document published in this quarter (1o) referred to PIX as a harmful system to credit card giants. During a talk in Bahia, the president was directed by Secom's minister to talk about the payment mechanism.

·Brazil
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Left

The President defended the Brazilian system after a North American report to point out alleged distortions in trade

·São Paulo, Brazil
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After the U.S. Trade Representative's Office (USTR) included Pix in its annual report on trade barriers, President Luiz Inacio Lula da Silva underlined the sovereign character of the system developed and operated by the Central Bank.

President Luiz Inácio Lula da Silva stated this Friday, 2, that the Pix “is from Brazil” and will not be modified. The statement was made during the visit to Salvador, after criticisms from the United States to the Brazilian payment system. + Read more news of politics in the West The theme was brought to the president's address by direct action by the Minister of Social Communication, Sidónio Palmeira. The recommendation was adopted by a microp…

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Brazilian President Lula da Silva has ensured today that Brazil's instantaneous payment method, the PIX, will continue to be used without change, following criticisms to this system from the United States. "The United States has made a report this week on PIX, said it is disturbing international trade, because the PIX thinks it creates a problem for their currency," began by saying the head of the Brazilian state, quoted by Portal G1, during an …

·Funchal, Portugal
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  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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UPI broke the news in Washington, United States on Thursday, April 2, 2026.
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