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The Next Step For Pix: PagBrasil Receives Payment Institution Licence From Central Bank of Brazil

The Fintech Times

The Central Bank of Brazil has authorised the digital payments organisation, PagBrasil to operate as a payment institution (PI) in the electronic money issuer category. This achievement marks a significant milestone for PagBrasil as the digital payments solutions market continues to grow.

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AstroPay Becomes Latest Firm to Acquire Payment Institution Licence in Brazil

The Fintech Times

It has been a busy few days for the Central Bank of Brazil as it announces another company has acquired a payment institution (PI) licence. A company following suit but taking PIX in a different direction is AstroPay , the digital financial solution provider.

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Astropay Continues Global Expansion With Payments Institution License for Multicurrency Wallet in Brazil

Fintech Finance

AstroPay , a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil.

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Skaleet and BPCE Payment Services Partner to Offer an Integrated Payment Services Solution to Financial Institutions

Fintech Finance

This includes access to BPCE Payment Services’ SEPA (Single Euro Payments Area) system and card processing services. This end-to-end approach enables financial institutions to securely connect to the SEPA rails in 3-6 months, with confidence and reduced costs.

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Em Conversa: Evolving Pix in Brazil and Beyond With PagBrasil

The Fintech Times

Wipay Another International Pix partner is Wipay, a Spanish company specialising in payment technology, which has announced the arrival of the Pix Instant Payment System in Europe. Moreover, Pix offers lower fees compared to traditional payment methods, with no risk of chargebacks, helping merchants reduce operating costs.

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Spendesk Partners With Wise Platform to Bring International Payments Capabilities to 5,000+ Mid-Market Companies

Fintech Finance

This also builds upon Spendesk’s recent announcements of the launch of Spendesk Financial Services , Spendesk’s regulated payment institution, and its pioneering Procure-to-Pay solution. Instant payments: Leveraging Wise’s global payment infrastructure for quicker international transfers.

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

The Fintech Times

Transfeera , a PayRetailers company specialising in payment solutions for businesses, is enhancing its Pix payment capabilities to help betting operators in Brazil adapt to new sports betting regulations. The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors.