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Pix, Brazil’s instant payment scheme, has gone live in a “restricted operation phase” prior to full implementation later this month, the Banco Central do Brasil (BCB) has revealed... More
The Banco Central do Brasil has formed a study group to evaluate the benefits and challenges of issuing a central bank digital currency (CBDC) in the country... More
Brazil’s central bank has “ordered Visa and Mastercard to suspend the start of activities or immediately stop using the WhatsApp application to initiate payments and transfers”... More
Brazil’s central bank will turn on a national instant payments network in November that will allow consumers to make payments and transfers “in a few seconds, 24 hours a day, seven days a week, including between accounts of different institutions” using QR codes, NFC, their mobile phone number, email address or taxpayer ID... More
