In a proactive move to combat rising fraud, the Central Bank of Brazil (BC) has directed banks to implement an alert system for PIX transactions. This measure, effective from 2025, aims to protect customers from falling prey to fraudulent activities involving the instant payment platform.

The alert system will notify customers of suspicious transactions in real-time, enabling them to take prompt action. Banks will be required to provide clear and concise information about potential scams, educating customers on how to recognize and avoid them. This initiative is part of the BC's ongoing efforts to enhance the security and reliability of the PIX payment system.

By implementing this alert system, banks will play a crucial role in safeguarding customers from financial losses and maintaining trust in the digital payment ecosystem. The BC's proactive approach demonstrates its commitment to ensuring the safety and integrity of the Brazilian financial system.