On May 5, 2025, BRZ CB published Instruction 614 to amend Ins. 513, see #224368.
Resending payment instructions for the same Automatic Pix charge may be done on the same day of settlement only if an operational failure occurs after the submission.
Payment service provider of receiving user may send, upon command from receiving user, a new payment instruction up to 2 days before the scheduled settlement date.
Payment service provider of receiving user must resend paymto make new settlement.
Under Automatic Pix, the paying user's payment service provider must send the payment order for settlement on the day informed in the payment instruction.
Instruction 614 shall come into force on Jun. 16, 2025.
On Apr. 3, BRZ CB announced new Pix features and improvements.
BRZ CB announced new Pix features and other improvements to the payment method.
Pix in Installments
New Pix functionality, this should be available to population, retailers from Sep. 2025.
It will allow the paying user to take out credit to allow installment of a Pix transaction.
Recipient will have access to full amount, payer will be able to pay in installments.
Potential to stimulate the use of Pix in retail for the purchase of higher-value goods and services, benefiting those who do not have access to this type of operation.
Pix Parcelado can be used for any type of Pix transaction, which includes transfers.
Pix Under Warranty
It will allow future Pix receivables to be used as collateral in credit operations.
Aims to reduce cost of credit offered to companies, those whose use is more relevant.
Aimed at commercial establishments and companies, no changes for individuals.
Pix as collateral is expected to be available only in 2026, more complex infrastructure.
Special Return Mechanism (MED)
Self-Service Applicable only for fraud, scams and crimes, new solution that allows users to dispute Pix transactions in a simple and intuitive way directly through app.
100% digital way, without interacting with the financial institution's customer service.
In addition, banks must make the functionality available from October 1, 2025.
Completed and Scheduled Transactions
Proof of scheduling Pix payment must contain term Pix Schedulin, calendar clock icon.
Also, proof of completed payments must contain a check icon, all banks are required.
Implemented to combat fake receipt scam, make it easier for identifying transactions.
Apr. 30, 2025 BRZ CB Amendments
On Apr. 30, 2025, BRZ CB has published Instruction 613 to amend Instruction 511.
From Mar. 10 to Jun. 6, 2025, institutions that offer transactional accounts only to legal entity users must forward a form updating intention to offer products, services.
The institutions may request the withdrawal of the offer of Automatic Pix, may submit a form updating the intention to offer products and services until Jun. 6, 2025.
Revoked item I of the heading of Article 98, of Instruction 511, of Aug. 30, 2024.
Instruction 613 comes into force on the date of its publication, i.e. Apr. 30, 2025.
May 5, 2025 BRZ CB Operational Procedure
On May 5, 2025, BRZ CB published Instruction 614 to amend Ins. 513, see #224368.
Resending payment instructions for the same Automatic Pix charge may be done on the same day of settlement only if an operational failure occurs after the submission.
Payment service provider of receiving user may send, upon command from receiving user, a new payment instruction up to 2 days before the scheduled settlement date.
Payment service provider of receiving user must resend paymto make new settlement.
Under Automatic Pix, the paying user's payment service provider must send the payment order for settlement on the day informed in the payment instruction.
Instruction 614 shall come into force on Jun. 16, 2025.
Regulators
BRZ CB
Entity Types
B/D; Bank; IA; Inv Co
Reference
Ins 614, 5/5/2025; Ins 613, 4/30/2025; PR, 4/3/2025
