🎉 Brazil 🇧🇷: new #Pix features to launch starting September

🎉 Brazil 🇧🇷: new #Pix features to launch starting September

Starting in September, the Pix payment system will roll out new features, including installment payments, a self-service refund mechanism, and a credit operation guarantee (the latter to begin in 2026).

▶️ Pix in installments will allow users to access credit to make payments in installments, similar to using a credit card. This option will apply to any Pix transaction, including transfers.

▶️ Pix as collateral will be geared mainly toward businesses. It will allow the use of Pix debits as collateral for credit operations, potentially lowering interest rates. Due to its technical complexity, implementation is expected in 2026.

▶️ The Special Refund Mechanism (MED) is a digital tool designed to streamline refunds in cases of fraud and to allow users to check the status of their refund requests directly within the banking app, eliminating the need to contact customer service.

⚠️ This mechanism will not apply in the following cases:

🟡If the user is at fault (e.g., sending money to the wrong account).

🟡In cases of commercial disputes.

#news #Brazil

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