Brazil: Central Bank of Brazil announced Pix Installment Regulations

On 2 October 2025, the Central Bank of Brazil (BCB) announced that Pix Installment Regulations will be published in the last week of October 2025. The rules will apply to financial and payment institutions offering Pix-based credit or payment deferral solutions. They will introduce a standardised definition of Pix Installments. Pix is an instant payment system created by Brazil's Central Bank, allowing users to make bank transfers between accounts using QR codes or Pix keys.