Despite government efforts to curb gambling, beneficiaries of Brazil's Bolsa Família social welfare program have transferred a significant amount of money to betting sites using the PIX instant payment system.
Postada em 30/09/2024 às 08:38
Por Instant Payment
According to the Central Bank of Brazil, beneficiaries have transferred over £500 million to betting platforms since the introduction of PIX in November 2020. The government has expressed concern over this trend, as it undermines the program's intended purpose of providing financial assistance to low-income families.
To address this issue, the government has implemented measures to restrict the use of Bolsa Família funds for gambling. However, these measures have not been fully effective, as beneficiaries have found ways to circumvent them.
The government continues to monitor the situation and explore additional measures to prevent the misuse of Bolsa Família funds. Meanwhile, experts recommend that beneficiaries use the funds responsibly and prioritize essential expenses over gambling.
