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Brazil's government-run payments system has become dominant

(www.economist.com)
666 points jcartw | 1 comments | 08 Apr 25 10:59 UTC | HN request time: 0.204s | source
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afarah1 ◴[08 Apr 25 11:57 UTC] No.43620640[source]▶
WhatsApp is omnipresent for communication in Brazil, and WhatsApp Pay was ready before Pix, but the government blocked the launch to launch Pix first.[1] I rarely see this mentioned.

[1] https://www.reuters.com/article/technology/brazil-suspends-w...

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1. Mystery-Machine ◴[08 Apr 25 13:03 UTC] No.43621305[source]▶
What people outside of Latin America don't realize that "they were missing some documentation" is just not true for companies of the size of Meta. They have the best lawyers in the world and I'm pretty sure they used them to prepare all the documentation for this big launch. "You're missing a document" means: we're just fucking around and not letting you in.