What are the changes in PIX from 2023? Check out the major changes

The Central Bank announced some of them Pix changes To improve user experience and ensure more secure transactions. The new features will come into effect next year for all Brazilians who use the Pay As You Go system.

Read more: Would Lula’s government impose a tax on PIX? Haddad explains what will happen

Created in 2020, and pix It has cemented itself as the most used payment method in the country, having reached the mark of 26 billion transactions and moved R$12.9 trillion between its launch date and November 30, 2022. Credit cards.

The downside of the system is the increase in scams, scams and even kidnappings. It is a common practice among thugs to steal mobile phones of victims, access applications from financial institutions and transfer thousands of riyals in a few minutes using Pix.

Announce the news

A resolution approved by BC in early December introduces some changes to Pix as of January 2, 2023. Check out the major changes:

decision on boundaries

Financial institutions will not need to establish a Limit For your clients’ transaction value, only one limit per time period. In other words, the user will be able to transfer any amount at once to a single recipient.

Where the end user is a company, the bank itself will have the autonomy to set its own rules on limits.

Drag and share Pix

Pix’s Lot change pixels You also gain new frontiers. Currently, it is possible to withdraw up to R$300 during the day and up to R$100 during the night, but the spreads will be increased to R$3,000 and R$1,000 respectively.

Wait for changes

If you request to change your transfer limit, the customer will have to wait up to 48 hours for the bank to agree to the change. The current deadline is at least 24 hours in.

night time

The night period that determines the value of transfers today is between 20:00 and 06:00. Starting next year, the user will be able to customize this time between 10pm and 8am.

retirement payments

The central bank changed the rules of Pix to make it easier for bank correspondents to receive resources. Thus, wages, retirement benefits and pensions can be paid by the national treasury through the system.