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Brazil central bank to launch instant payments in November

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Christian Fernsby ▼ | February 20, 2020
Brazilian central bank said yesterday it will launch a near instant payment system in November, in a move likely to reduce costs to users.
Brazil central bank
Business in Brazil   The platform was named PIX

Topics: Brazil bank payment The platform, named PIX, will allow money transfers 24 hours a day, seven days a week, by mobile phone, internet banking or ATMs.