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Wise Granted Direct Access to Philippines’ Instant Payments Infrastructure, Gets Settlement Account With BSP

Fintech Finance

That set the precedent for Wise to be granted direct access to payment systems in the EU in 2020, as well as Singapore and Australia in 2021. Last month, Wise also received approval to join Japan’s domestic payment network, Zengin, and secured a Payment Institution licence to connect directly to Brazil’s instant payment system PIX.

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AstroPay Becomes Latest Firm to Acquire Payment Institution Licence in Brazil

The Fintech Times

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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The Next Step For Pix: PagBrasil Receives Payment Institution Licence From Central Bank of Brazil

The Fintech Times

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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Astropay Continues Global Expansion With Payments Institution License for Multicurrency Wallet in Brazil

Fintech Finance

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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Transfeera, a Company From PayRetailers Group, Enhances Pix Solution to Help Betting Operators Comply With Brazil’s New Regulations

Fintech Finance

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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payabl. Partners With Zimpler to Accelerate Instant Payments Growth

Fintech Finance

Zimpler initiates A2A payments using Open Banking APIs, which removes intermediaries and results in faster and more cost-effective transactions for merchants. Instant payments are surging in popularity worldwide and are set to become the norm in the next couple of years. Being available on payabl.’s The post payabl.

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Airwallex Reports Strong Growth in Transaction Volume, Revenue for 2024

Fintech News

It recently obtained a payment institution license in Brazil and secured approval to acquire MexPago, a Mexico-based payment service provider. As part of its Latin America push, Airwallex plans to integrate with Brazils PIX instant payment network, which is expected to account for 40% of the countrys online payments by 2026.

Volume 76