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One Month to Go: PayRetailers Launches Enhanced Solution to Help Betting Operators Comply With Brazil’s New Sports Betting Regulations

Fintech Finance

Pix, Brazil’s instant payment system developed and managed by the Central Bank, has changed how transactions are made in the country. The enhanced solution provides real-time account validation, ensuring that each transaction meets regulatory requirements without manual intervention.

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Transfeera, a Company From PayRetailers Group, Enhances Pix Solution to Help Betting Operators Comply With Brazil’s New Regulations

Fintech Finance

Pix, Brazils instant payment system managed by the Central Bank, has transformed digital transactions, with over 170 million users and 90% of Brazils adult population relying on the system. It also enables centavo deposit verification, ensuring player accounts are active and valid for transactions.

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Transfeera Enhances Pix Payment Capabilities by Automating Compliance With New Sports Betting Rules

The Fintech Times

As a direct participant of Pix, Brazils instant payment system, and as a regulated Payment Institution, Transfeera automates compliance processes for betting operators, providing real-time CPF (Cadastro de Pessoas Fsicas) and bank account validation.

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Em Conversa: Breaking Down AI and Automation Usage in Brazil With Prometeo

The Fintech Times

In March 2025, it announced its new Borderless Banking offering to help firms make easier payments following the Bank Account Validation offering announced in June 2024. We previously explored how Prometeo’s open banking services are impacting LatAm, specifically in Chile and Uruguay.