Yep! And Napas247 was co-developed by Vietnam and South Korea (edit: Only VN - confused Shinhan's support for development work)!

The point is there is a steady decoupling towards non-Visa/MC payment systems outside the US and EU, and it wouldn't be too surprising if a number of these systems begin supporting inter-operability within the next 10 years.

Yes. As soon as June, Brazilian pix will support "Automatic Pix". Which means, basically, Pix will support subscriptions. So let's say, you authorize Netflix with pix, and then every month they will charge you with Pix automatically.

I find very likely Netflix or Amazon will be one of the first companies to support this in June now.

This was made initially to replace old school automatic debit for phone/electricity/etc bills, but it will support all services.

In Brazil, installments with credit cards are also super common... Basically when you put a credit card on any website or buy on a store, you can just choose to pay in 12x.

Well, they will add in September Pix Installments as well.

Intruiging (in a great way). Do you have any recommendations of any Brazilian sources (Portuguese em Ingles) about the Brazilian and MERCOSUR FinTech and Public Tech industry? I'd love to dig even deeper, but my background is more NAM and Indo-Pac driven. I passed on NuBank eons ago and don't want to make the same mistake again.

> Brazil, installments with credit cards are also super common... Basically when you put a credit card on any website or buy on a store, you can just choose to pay in 12x

Yea that kinda makes sense. The market dynamics in Brazil reminds me a lot of India albeit better regulated (thank you OECD reforms), but tbf, there has been a lot of cross-pollination between Brazilian and Indian policymakers - Cambridge MA is that kinda melting pot, and Brazil has a very similar political dynamic.

> Do you have any recommendations of any Brazilian sources (Portuguese em Ingles) about the Brazilian and MERCOSUR FinTech and Public Tech industry?

the best source I could find is this: https://finsidersbrasil.com.br/

Not sure if there's an english website about it, but in Portuguese quality content you can find without paywall I would say is NeoFeed https://neofeed.com.br/

Brazil Journal too, but it usually focus more on market as a whole. https://braziljournal.com/

But most of the news are usually covered on Infomoney, Valor Economico, with the together with daily market coverage.

NeoFeed and Brazil Journal focus more on "high-quality", less content.

Thanks my dude! Obv gunna do some due dilligence, but the sources you provided look solid.

Let's grab some cacha or other trashy/bourgeois booze when I'm back in São Paulo! I'm am Arak kinda guy

Sorry, I can't find anywhere mention it co-develop with South Korea. Can you give source to this?

Good callout! I'm wrong on that one. I was under the assumption it was co-developed with Shinhan but that was wrong.

Oh yeah, I think lots of QR code based systems in Asia are actually interoperable now (just not if you’re not a resident in any of these countries — e.g. I do have GCash, but my account works in Philippines only).