Brazil's national instant payment platform, Pix, is set to launch an automated recurring payment feature called Pix Automatico in mid-June 2025. This feature will enable Pix users to debit their accounts for monthly payments of services such as streaming and utilities. Experts believe that Pix Automatico could unlock $30 billion in the e-commerce sector and help Pix gain a larger share of the online commerce market, particularly among the unbanked population. The new feature will also save merchants millions of dollars in transaction fees compared to traditional payment methods. In the Middle East, Bahraini fintech firm Arab Financial Services (AFS) has received a license from the UAE central bank to expand its digital payment solutions into the country. AFS plans to partner with local fintechs, regulators, and industry stakeholders to expand its presence in the UAE and offer innovative and secure payment solutions tailored to the country's financial landscape.



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