Instant Payment

Banks to Implement PIX Scam Alert System

PIX Fraud Prevention Measures to Be Enforced in 2025


Postada em 30/09/2024 às 06:48
Por Instant Payment

The Central Bank of Brazil (BC) has instructed banks to establish an alert system to combat PIX scams. This measure, which will take effect in 2025, aims to protect consumers from fraudulent transactions. The system will monitor PIX transactions and notify customers of potential scams, allowing them to take appropriate action. This initiative is part of the BC's ongoing efforts to enhance the security of the PIX payment system. Banks are expected to collaborate with the BC to implement the alert system effectively, ensuring the safety and reliability of PIX transactions for all users.