The BRICS Pay, a new digital payment system launched by the economic bloc formed by Brazil, Russia, India, China, South Africa, and new members like Egypt, United Arab Emirates, Ethiopia, Iran, and Indonesia, began operations in August 2025, inspired by the Brazilian Pix system. This innovative payment platform aims to facilitate transactions within the BRICS members and enhance trade relations among the participating countries.
BRICS Pay revolutionizes global trade with a system inspired by the Brazilian Pix
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