HomeBankingBrazil Introduces Instalment Payments to Pix for Greater Financial Flexibility

Brazil Introduces Instalment Payments to Pix for Greater Financial Flexibility

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The Central Bank of Brazil announces the “Pix Parcelado” feature, enabling users to pay in instalments while merchants receive full payments instantly

Highlights:

  1. The “Pix Parcelado” feature allows users to split payments into instalments, enhancing accessibility for those without traditional credit options.
  2. Merchants benefit from receiving full payments instantly, boosting cash flow and reducing reliance on credit cards.
  3. The feature is set to launch in September 2025, further solidifying Pix as Brazil’s leading payment method.

Summary: The Central Bank of Brazil is set to launch “Pix Parcelado,” a new instalment payment feature for its popular Pix instant payment system. Scheduled for release in September 2025, this feature allows users to pay for transactions in instalments while merchants receive the full amount immediately. Designed to cater to individuals without access to traditional credit products, Pix Parcelado aims to make higher-value purchases more accessible.

This development is expected to reduce reliance on credit cards and further accelerate Pix’s adoption as Brazil’s most widely used payment method. The initiative underscores the Central Bank’s commitment to enhancing financial inclusion and flexibility for consumers and businesses alike.

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