EBANX has enabled merchants to use its payment services to prepare to integrate the upcoming recurring transaction capability of Brazil’s Pix, Pix Automático (Automatic Pix). With technical documentation now available from EBANX, the company’s partners will be able to start backend development and access a...
Brazil’s central bank is reportedly looking to take the country’s instant-payment system, Pix, to the global stage. With policymakers from the Group of 20 nations meeting in Sao Paulo to discuss faster and cheaper cross-border payments, the Central Bank of Brazil considers Pix to be a...
The Central Bank of Brazil (BCB) is set to cap interchange fees for prepaid cards starting in April 2023, and it will also standardize the settlement term for debit and prepaid card transactions. Reuters reported Monday (Sept. 26) that the limit will be 0.7% for...
Fed Exec Sees Payments ‘Revolution’ While the Federal Reserve and Treasury Department have been trying to reassure banks that a digital dollar would not disintermediate them, an executive of the New York Federal Reserve warned that central bank digital currencies (CBDCs) could do just that....
March 06, 2020
Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure. Many of these providers are particularly competing for […]
November 05, 2024
Contactless Google Wallet payments are coming to Brazil’s Pix system. The country’s central bank this week previewed the new offering — Pix by Proximity — on Monday (Nov. 4), with central bank (BC) President Roberto Campos Neto joined by Fábio Coelho, president of Google Brazil. The offering is available now for digital wallet users, and […]
October 15, 2024
EBANX has enabled merchants to use its payment services to prepare to integrate the upcoming recurring transaction capability of Brazil’s Pix, Pix Automático (Automatic Pix). With technical documentation now available...
February 27, 2024
Brazil’s central bank is reportedly looking to take the country’s instant-payment system, Pix, to the global stage. With policymakers from the Group of 20 nations meeting in Sao Paulo to...
September 26, 2022
The Central Bank of Brazil (BCB) is set to cap interchange fees for prepaid cards starting in April 2023, and it will also standardize the settlement term for debit and...
