"The company will target New York City, San Francisco and Austin first with the app called Jim.com which will offer merchants payments solutions to help grow their businesses and receive money instantly from sales. The biggest challenge to expansion is an educational one, Silva said, as many Americans still pay some of their bills using paper checks sent through the mail, for example. In Brazil, the central bank launched its rate-free instant transfer system known as Pix in 2020, which has already surpassed credit and debit cards as the preferred method of payment, recording more than 66b transactions in three years."

https://www.bloomberg.com/news/articles/2024-01-18/brazil-payments-unicorn-targets-us-in-start-of-lofty-global-push?sref=EcccZSTc