Brazil Introduces Instalment Payments to Pix for Greater Financial Flexibility

The Central Bank of Brazil announces the “Pix Parcelado” feature, enabling users to pay in instalments while merchants receive full payments instantly

Highlights:

  1. The “Pix Parcelado” feature allows users to split payments into instalments, enhancing accessibility for those without traditional credit options.
  2. Merchants benefit from receiving full payments instantly, boosting cash flow and reducing reliance on credit cards.
  3. The feature is set to launch in September 2025, further solidifying Pix as Brazil’s leading payment method.

Summary: The Central Bank of Brazil is set to launch “Pix Parcelado,” a new instalment payment feature for its popular Pix instant payment system. Scheduled for release in September 2025, this feature allows users to pay for transactions in instalments while merchants receive the full amount immediately. Designed to cater to individuals without access to traditional credit products, Pix Parcelado aims to make higher-value purchases more accessible.

This development is expected to reduce reliance on credit cards and further accelerate Pix’s adoption as Brazil’s most widely used payment method. The initiative underscores the Central Bank’s commitment to enhancing financial inclusion and flexibility for consumers and businesses alike.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Mastercard and Visa Strengthen Support for Stablecoin Settlement

The payment giants expand their collaboration on stablecoin transactions.Highlights: Mastercard and Visa increase support for stablecoin transactions.The move...

Nexi Strengthens Payment Services with Google Cloud Partnership

New collaboration aims to enhance agentic payments across Europe.Highlights: Nexi and Google Cloud sign a Memorandum of Understanding.Partnership...

Revolut Launches Ultra-Premium Business Card to Challenge Amex

New offering targets high-value business customers seeking premium benefits.Highlights: Revolut introduces an ultra-premium business card for elite customers.The...

CaixaBank Launches AI Agent to Enhance In-App Purchases

New technology aims to simplify shopping experiences for users.Highlights: CaixaBank's new AI agent assists customers in making in-app...