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ContentsIntroduction Latin America: Connected but unbanked6Mexico: CoDi aims to accelerate consumer finance transformation10 Brazil: PIX is rapidly changing the way people and businesses pay 14What should key financial stakeholdersconsidernext? About the AuthorsAbout Euromonitor International How Can Euromonitor InternationalHelp? It also represents competition for other stakeholders in the financial payments industry, such as acquirers, POS (point-of-sale) providers and payment processors such as VISA or Mastercard. They will earn less from operational fees for card transactions if CoDi cont