Tagged: pix

Brazil’s Central Bank Releases Guidelines for Pix Automático Product to Enhance Recurring Payments

Banco Central do Brasil has released operational guidelines for the Pix Automático product. Pix Automático will be available to the population in October 2024. The new feature is designed “to streamline recurring payments, including monthly service fees.” The launch of Pix Automático is drawing near…. Read More

Instant Payments, Credit Card Transactions in Brazil Surge as Pix Continues to Gain Market Share

Matera, maker of instant payments, QR code and digital ledger technology, recently released its mid-year report on the adoption of Brazil’s Pix instant payments scheme. The latest Pix by the Numbers report “covers data through Q2 2023, and shows that there are more Pix transactions… Read More

Fintech EBANX Authorized by Central Bank of Brazil as Payment Initiator for Pix

EBANX, a fintech company that specializes in international payments in rising markets, has been authorized by the Central Bank of Brazil (Bacen) “to offer a payment initiator service through Pix.” The PISP (Payment Initiation Service Provider) license “expands the range of services the global payments… Read More

LatAm Fintech Volt Reveals that Pix Launch Allowed Clients to Access Major Latin American Markets

Volt, the open payments gateway, has reportedly appointed Nathan Marion as General Manager LATAM, in order to lead its strategic expansion in Latin America (LatAm). This follows the Fintech firm’s integration of Brazil’s instant payments system, Pix. Marion joins from e-commerce platform VTEX. There, in… Read More

Open Banking Could Become a Key Part of Brazilian Consumers’ Financial Lives: Report

Open Banking in Brazil marked its first anniversary on February 1, 2022 – and the South American nation is looking set to strengthen its position as a (maybe unlikely) open banking pioneer. The Brazilian reserve bank’s phased approach is considered to be a success, through… Read More

Digital Payments Fintech SafetyPay Adds PIX as Payment Method in Brazil

SafetyPay, a digital alternative payments platform offering solutions across Latin America (LatAm) and European markets, has announced the implementation of PIX as a payment method in Brazil, in order to support instant payments with QR codes. SafetyPay aims to facilitate the transfer of funds and… Read More

Brazil’s Reserve Bank to Again Allow Facebook Owned WhatsApp to Offer P2P Payments

Brazil’s reserve bank will again allow Facebook-owned WhatsApp to offer peer-to-peer payments services in the South American country. The decision to permit WhatsApp to again facilitate transactions in Brazil has come nine months after the service had been suspended. In June of last year, Brazil… Read More

Brazil’s Reserve Bank Launches its PIX Instant Payments Platform, Might Allow WhatsApp P2P Payments Soon

Brazil’s reserve bank has launched its PIX instant payments platform and has also noted that WhatsApp might soon be allowed to reintroduce its peer to peer (P2P) payments service in the South American country. PIX allows local residents, companies, and government agencies to carry out… Read More

Central Bank of Brazil to Introduce Instant Payments Platform PIX in November 2020

Banco Central de Brazil, the nation’s reserve bank, is planning to introduce an instant payments solution, PIX, in November 2020.  The Brazilian central bank noted on February 19 that the new instant payments platform will allow users to perform transactions using QR code technology. It… Read More

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