Pix Speeds Up the End of Cash in Brazil
People in Brazil now use less cash. Cash means money notes and coins. Many people use a new system called Pix instead.
Pix is a fast way to send money. You use your phone to pay. You do not need cash or a card.
Pix is very popular in Brazil. It helps people pay quickly. Many shops and people like it.
But not everyone likes Pix. Many old people still like cash. They feel safe with cash.
Old people say cash is easy for them. They do not always trust new technology. Technology means new tools like phones and apps.
Some old people do not have a smartphone. Pix needs a smartphone or a bank app. This makes Pix hard for them.
So, cash is not gone yet. Many old people still use it every day. Pix is growing, but cash still matters.
Vocabulary15 words
- cash
- money notes and coins
- Pix
- a fast way to send money in Brazil using a phone
- technology
- new tools like phones and apps
- resistance
- not wanting to change or accept something new
- digital payment
- paying with a phone or computer, not cash
- smartphone
- a phone that can use apps and the internet
- bank app
- a program on your phone for money
- popular
- liked by many people
- trust
- to believe something is safe or good
- system
- a way of doing something
- fast
- quick; not slow
- pay
- to give money for something
- safe
- not in danger
- grow
- to become bigger
- elderly
- old people
Quiz
Answer key
1. A fast way to send money by phone 2. Old people 3. False
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
People in Brazil now use less _____. Many people use a new system called _____ instead.
Pix is a fast way to send _____. You use your _____ to pay.
Pix is very _____ in Brazil. It helps people pay quickly.
But not everyone likes Pix. Many old people still like _____.
Old people say cash is easy for them. They do not always _____ new technology.
Some old people do not have a _____. Pix needs a smartphone or a bank app.
So, cash is not gone yet. Pix is _____, but cash still matters.