The Fintech Times

JANUARY 28, 2025

The Central Bank of Brazil has authorised the digital payments organisation, PagBrasil to operate as a payment institution (PI) in the electronic money issuer category. This achievement marks a significant milestone for PagBrasil as the digital payments solutions market continues to grow.

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The Fintech Times

FEBRUARY 2, 2025

It has been a busy few days for the Central Bank of Brazil as it announces another company has acquired a payment institution (PI) licence. With its new PI licence, AstroPay will deliver secure, compliant, and user-friendly cross-border payment solutions.

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Fintech Finance

JANUARY 31, 2025

AstroPay , a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil.

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Payments Institute Cross-Border Continuity Cross-Border Payments 59

Fintech Finance

FEBRUARY 5, 2025

Transfeera , a company from PayRetailers group specialising in financial solutions, has enhanced its Pix payment capabilities to support betting operators in Brazil as they adapt to new sports betting regulations that took effect on 1 January 2025.

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Regulations Central Bank Account Validation Treasury Management 72

The Fintech Times

FEBRUARY 5, 2025

The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors. Pix, managed by the Central Bank of Brazil , has had a huge impact on digital transactions across the country, with over 170 million users and 90 per cent of Brazils adult population relying on the system.

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Compliance Automation Rules Central Bank 59

The Fintech Times

MARCH 18, 2025

Wipay Another International Pix partner is Wipay, a Spanish company specialising in payment technology, which has announced the arrival of the Pix Instant Payment System in Europe. Moreover, Pix offers lower fees compared to traditional payment methods, with no risk of chargebacks, helping merchants reduce operating costs.

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Online and Mobile Banking Central Bank Cross-Border Instant Payments 64

Fintech Finance

MAY 30, 2024

Zimpler initiates A2A payments using Open Banking APIs, which removes intermediaries and results in faster and more cost-effective transactions for merchants. It utilises Open Banking APIs to transfer funds from one bank account to another instantly, and processes €2.6bn for its partners each year. The post payabl.

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Instant Payments Payment APIs and Integration Payments API 59