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Barroso Ends Free Transfer of 'Pix' Amendments

Supreme Court Justice Barroso has ruled against the free transfer of 'Pix' amendments, a popular payment method in Brazil.


Postada em 30/09/2024 às 07:04
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The decision comes after concerns were raised about the potential for fraud and money laundering. Barroso's ruling states that banks are now required to charge a fee for 'Pix' amendment transfers, which will help to mitigate these risks. The ruling is expected to have a significant impact on the use of 'Pix' amendments in Brazil, as it will make them less convenient and more expensive to use. However, it is also expected to improve the security and integrity of the payment system.