Brazil solved instant payments. In 2020, the Banco Central do Brasil shipped Pix: send money to anyone, 24/7, in seconds, using their email or phone number instead of a 20-digit account number. Adoption was fast enough to make cards look slow, and it's now one of the most-used payment rails in ...
Source: [Dev.to](https://dev.to/andrewsarr/im-building-an-open-source-pix-inspired-instant-payment-foundation-in-rust-and-it-needs-33cl)