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Digital financial inclusion and women: a case study of Pix, the Brazilian instant payment system

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  • Paula Cunha Duarte

    (Law School)

Abstract

This paper has two objectives. First, it aims to analyze the regulatory framework of Pix whether and how this tool can contribute to the digital financial inclusion of women in Brazil. Second, it seeks to discuss the role of the Central Bank in developing a gender-sensitive approach regarding pix. This discussion will be framed through the lens of two key themes: (1) financial literacy and digital financial literacy; and (2) consumer protection (particularly in relation to cybersecurity issues). Based on official Brazilian and international reports, as well as the Brazilian legislative framework on the subject, the research revealed that Pix has a significant potential to enhance the digital financial inclusion of women. The research also revealed that the Central Bank, although attentive to the digital financial inclusion of Brazil’s population, has not adopted a gender-sensitive regulatory framework. Therefore, this article advocates for a change in the agenda of this financial regulator to ensure that gender-sensitive measures are implemented to advance the digital financial inclusion of women through Pix.

Suggested Citation

  • Paula Cunha Duarte, 2025. "Digital financial inclusion and women: a case study of Pix, the Brazilian instant payment system," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 15(2), pages 379-400, June.
    • Handle: RePEc:spr:eurase:v:15:y:2025:i:2:d:10.1007_s40822-024-00300-z
    DOI: 10.1007/s40822-024-00300-z
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    References listed on IDEAS

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    1. Eliana Carranza & Chandra Dhakal & Inessa Love, 2018. "Female Entrepreneurs," World Bank Publications - Reports 31004, The World Bank Group.
    2. Seth Garz & Xavier Gine & Dean Karlan & Rafe Mazer & Caitlin Sanford & Jonathan Zinman, 2021. "Consumer Protection for Financial Inclusion in Low- and Middle-Income Countries: Bridging Regulator and Academic Perspectives," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 219-246, November.
    3. Saurabh Bhargava & George Loewenstein, 2015. "Behavioral Economics and Public Policy 102: Beyond Nudging," American Economic Review, American Economic Association, vol. 105(5), pages 396-401, May.
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    Keywords

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    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G2 - Financial Economics - - Financial Institutions and Services
    • G5 - Financial Economics - - Household Finance
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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