From 2025, only companies authorized by the monetary authority to act will be able to adopt the payment system
The BC (Central Bank) established, this Tuesday (November 12, 2024), new rules for Pix, the instant payment system launched in 2020. The measure regulates that from January 1, 2025 only authorized institutions by the monetary authority operating in Brazil can participate in Pix. Here is the full BCB resolution no. 429 of 2024 (PDF – 175 kB).
Financial institutions that already participate in Pix, but are not yet authorized by the BC, will have to request operating authorization from the authority. The regulatory schedule will last until 2026, established confirm the date of entry into the instant payment program.
The BC resolution also requires that from 2026 onwards, institutions participating in Pix have a minimum share capital and net worth of R$5 million.
On November 1st, the BC changed the user rules of pix to increase transaction security. One of the changes was that transactions above R$200 can only be made on equipment previously registered by the financial institution's customer.
In September, the Central Bank recorded the highest number of transactions via Pix in 24 hours. They were 227.4 million in transfers that moved R$118.49 billion, the 2nd highest value recorded. The largest amount moved was R$119.43 billion in 24 hours, recorded on July 5, 2024.
