US EditionBrazil's Pix Set for Next Leap with Launch of Recurring Payments
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7 Articles
Brazil is about to revolutionize the world of digital payments again with its Pix system.This month, Pix introduces a recurring payment feature with which consumers will be able to carry out authorizations of charges automatically and with a single consent.According to the original report, the new tool, called "Automatic Pix", will officially start operating on June 16, joining the system's innovations since its launch in late 2020.Pix's rise in…
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MSNBrazil's Pix set for next leap with launch of recurring payments
Brazil's wildly popular instant payment system Pix is poised for another leap with the launch of a new recurring payments feature this month, central bank officials said on Wednesday.Since its launch in late 2020, Pix has rapidly become the leading payment method in Latin America's largest economy, surpa
The Central Bank of Brazil officially presented the Automated Pix, a new functionality of the instant payment system that will allow for automatic payment of current payments. The tool operation is programmed to start in all financial institutions on 16 June 2025. The Automated Pix will function in a manner similar to the traditional automatic debt. The user permits, once, the automatic debt of current expenses, such as water, light, telephone, …
Brazil Set to Add Recurring Payments Feature to Pix on June 16
Brazil’s central bank is reportedly set to launch the long-awaited recurring payments feature for its instant payment system Pix on June 16. [contact-form-7] The feature, which is called Pix Automático and was initially slated for launch in October 2024, will allow users to authorize recurring payments with one consent, Reuters reported Wednesday (June 4), citing speakers at an event held by the central bank in Sao Paolo to discuss the …
Moderation allows you to pay current accounts, such as energy, phone, schools, academics, among others, automatically through PIX.
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