Pix Evolution and Implementation slide image

Pix Evolution and Implementation

SUMMARY PRESENTATION IDEALIZATION EVOLUTION NUMBERS FUTURE Source: BCB 0 to 99,99 Source: BCB Chart 3.1.3 - Histogram of transactions By value range (R$100,00) Nov-20 to Dec-22 61.0% 14.3% 6.4% 3.8% 2.4% 2.4% 1.5% 1.0% 0.8% 100 to 199,99 200 to 299,99 300 to 399,99 400 to 499,99 500 to 599,99 600 to 699,99 Chart 3.1.4 - Histogram of transactions (only individuals) By value range (R$20,00) Nov/20 to Dec/22 31.4% 20.8% 13.3% 7.6% 6.4% 4,2% 3.7% 2.9% 1.6% 1.4% 700 to 799,99 800 to 899,99 0.6% 900 to 999,99 5.8% over 1.000,00 # of transactions (billions) 2.9 6.9% 1.4 0 to 20,00 to 40,00 to 60,00 to 80,00 to 100,00 120,00 140,00 160,00 180,00 over 19,99 39,99 59,00 79,99 99,99 to 119,00 to 139,99 to 159,99 to 179,99 to 199,99 200,00 0.0 4.3 5.8 7.2 # of transactions (billions) 20 4 8 12 16 Fonte: BCB Chart 3.1.5 - Histogram of transactions (only companies) By value range (R$500,00) Nov/20 to Dec/22 60.3% 11.3% 0.1 9.2% 6.3% 3.6% 2.9% 1.8% 1.8% 1.1% 1.1% 0.7% 0.0 0 to 499,99 500 to 1000 to 999,99 1499,99 1500 to 1999,99 2000 to 2499,99 2.500 to 2.999,99 3.000 to 3.499,99 3.500 to 3.999,99 4.000 to 4.500 to over 5.000 4.499,99 4.999,99 0.4 0.5 # of transactions (billions) Chart 3.1.6 Distribution of the number of transactions By transaction nature 0.2 0.3 the total and 0.7% of the total financial amount, showing that Pix still has room to grow in transactions involving government entities (charts 3.1.6 and 3.1.7). 20% Pix is mostly used in transactions between individuals (P2P) while legal entities transact greater financial volumes. Due to the easy and friendly user experience provided by Pix, it was expected that most transactions would be between individuals, which was the case. In November 2020, 87% of transactions were between individuals (Chart 3.1.6). The adoption of Pix by companies tends to be slower, mainly because it depends on adaptations on merchants' systems. Even so, it has been already noticeda progressive increase in the representativeness of transactions from individuals to companies (P2B): from 5% in November 2020 to 24% in December 2022 (Chart 3.1.6). Considering only transactions that took place in December 2022, the average value of transactions between legal entities (B2B) was R$5.7 thousand, which is much higher than the average value of P2P transactions, of R$257.00 (Chart 3.1.8). This difference was expected given the mostly commercial nature of transactions between legal entities, which tend to contain higher individual values. This fact is reflected in the high representation of B2B transfers in the total financial amount settled, reaching 36% in December 2022 (Chart 3.1.7). The transactions median, in December 2022, was lower than the averages for all transaction types (Chart 3.1.8), 18 mainly on B2B transactions, which leads to the conclusion that most transactions had lower values, with a few transactions with relatively high values, corroborating the findings in charts 3.1.3 to 3.1.5. Regarding transactions involving government entities, data from December 2022 illustrates that the number of transfers corresponded to only 0.1% of 0% nov jan mar 2020 2021 may jul sep nov jan mar may jul sep 2022 nov ■ P2P P2B ■B2P ■B2B ■Others (Incl. government) Source: BCB Chart 3.1.7 - Distribution of the financial amount By transaction nature nov jan mar may jul sep nov jan mar may jul sep 2020 2021 2022 Source: BCB P2P P2B B2P ■B2B Others (Incl. government) 100% 80% 60% 40% 20% 0% nov 18 P2P refers to transactions between individuals; P2B refers to transactions where the payer is an individual and the payee is a legal entity; B2P refers to transactions where the payer is a legal entity and the recipient is an individual; B2B refers to transactions between legal entities; and "Others" includes transactions involving government entities, both at the paying and receiving end. 40% 60% 80% 100% 19
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