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Brazil’s PIX instant payment system can soon be used in messaging applications and online shopping

RIO DE JANEIRO, BRAZIL - Brazil's Central Bank (BC), in its rapid transformation process into a tech company, today announced an update to expand the use of its home-grown, popular PIX instant payment system. With the changes, it will be possible to make transfers through messaging applications and social networks, as well as pay for purchases over the Internet.

To this end, a BC decision announced today regulates the rules for financial institutions participating in the . . .

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