Brazil and Europe Start Evaluation to Connect Pix and Tips
20 Articles
20 Articles
According to Brazilian monetary authority, the interconnection of Pix with the European system "may contribute to faster, more efficient and cheaper cross-border payments" between the two jurisdictions.
Pix can change and gain a new possibility of use abroad. BCB and the ECB have started an evaluation on the integration of systems
The Central Bank of Brazil and the European Central Bank (ECB) are starting on Thursday (24) a feasibility study to link the Pix to the Target Instant Payment Settlement (Tips), the Eurosystem's instant payment settlement system. The analysis will assess technical, operational, legal and business aspects related to possible integration between the two [...] The post Central Bank assesses integration of Pix with the European payment system appear…
Monetary authorities of Brazil and Europe analyze technical, operational and legal aspects to interconnect Pix and TIPS structures
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