Brazilians are adopting digital payments faster than anyone else — what lessons can we learn?

Digital payments are driving a profound change in Brazil’s banking sector. Over the past 10 years, a silent revolution in Brazil has led to increased competition, more financial inclusion and lower banking fees.
The explosion of digital payments in Brazil has created an innovative financial ecosystem that works for ordinary people.
This progress is the result of a combination of an overhaul in the payments regulatory framework, intensive use of technology, entrepreneurship and a focus on creating products that address the needs of Brazilian customers.
By David Vélez, Founder and CEO, Nubank via World Economic Forum – This article is part of the