The number of direct debit transfers in Brazil showed notable fluctuations from 2013 to 2023. Standing at 6.85 billion units in 2023, it experienced significant annual variations, peaking in 2018 with a 19.96% increase and hitting a low in 2020 with a 15.09% decline. Over the past five years, the compound annual growth rate (CAGR) was 1.29%. From 2022 to 2023, the number of transfers increased by 2.03%, indicating a slight upward trend.
Future trends to watch for include the projected steady growth, with the forecasted 5-year CAGR at 1.54% and an overall growth rate of 7.96% by 2028. Emerging digital payment solutions and regulatory changes will also significantly impact direct debit transfer volumes.
