Beneficiaries of Brazil's Bolsa Família social welfare program have transferred over £400 million to betting sites using the PIX instant payment system.
Postada em 28/09/2024 às 04:49
Por Instant Payment
According to a recent report, over 3 million beneficiaries of the Bolsa Família program have made transactions totaling £400 million to betting sites via PIX. The report highlights concerns about the potential misuse of funds intended for essential needs, such as food and healthcare, being diverted to gambling activities.
The Bolsa Família program is designed to provide financial assistance to low-income families and individuals in Brazil. The program's objective is to reduce poverty and promote social inclusion. However, the findings of the report raise questions about the effectiveness of the program in achieving its intended goals.
The report's findings have prompted calls for increased oversight and regulation of the use of PIX for gambling transactions. Experts argue that measures need to be implemented to prevent the misuse of funds and ensure that the Bolsa Família program remains effective in supporting those in need.