Brazil Daily

New instant payment system closer to launch in Brazil

Today’s newsletter has a whole lot of tech! From the Central Bank’s new instant payment system, to delivery drones and their impact on workers, to Google taking heat for their ad system. Also, what to expect for Brazil’s labor market.

Central Bank approves regulations for instant payment system

The Brazilian Central Bank has officially approved regulations for PIX, an instant payment system set to be operational by November 16. Announced in February, PIX will allow transactions to be concluded in no more than 10 seconds — and accounts will be credited instantly, at any time of the day....

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