The story behind Trump's implication against PIX PIX came into the sights of the United States government amid discussions about the impact of the Brazilian payment system on the financial market. The service allows instant and free transfers, without the need for intermediaries. The expansion of PIX reduced the participation of companies that profit from fees charged on financial transactions, such as card payments. The sector is dominated by large global companies, many of them American. But, in addition to the economic dispute, the debate involves ideological and strategic issues. As it is a public infrastructure created by the State and widely adopted by the population, PIX is seen as an example of an alternative to traditional payment systems and financial networks that concentrate part of the global flow of transactions. Every week, g1 Explains simplifies the economy, the financial market and financial education, showing how all of this affects your pocket. 📱 Favorite g1 on Google and follow the main news of the day