Expanding Pix: Central Bank of Brazil Launches New Features To Improve Security and Flexibility

Pix, the popular payment method in Brazil run by the Central Bank of Brazil, is having its payment capabilities expanded upon as the central bank has announced a myriad of new features, including instalment payments. 

The announcement, which was made on the central bank’s YouTube channel, announced four new features coming to Pix:

• Pix instalments
• Pix under warranty
• Pix transaction disputes
• Pix scheduling

Pix Parcelado

The pay over time functionality for Pix, called Pix Parcelado, will allow users to use credit to pay for a Pix transaction. The recipient will have access to the full amount instantly, but the payer will be able to pay it in installments.

This functionality has the potential to stimulate the use of Pix in retail for the purchase of higher-value goods and services, benefiting those who do not have access to this type of operation. It will be made available to the population and retailers from September 2025.

Pix Parcelado can be used for any type of Pix transaction, including transfers.

Pix em garantia

This solution will allow future Pix receivables to be used as collateral in credit operations. The objective is to reduce the cost of credit offered to companies, especially for those whose use of Pix is ​​more relevant. The solution is aimed at commercial establishments and companies – it does not bring any changes to the way individuals use Pix.

Unlike Pix Parcelado, this warranty product is still under development, and due to its complex infrastructure, it will only be made live in 2026.

Autoatendimento do Mecanismo Especial de Devolução (MED)

While Pix is making it easier for users to make payments, the central bank also wants to ensure that the misuse of the payment method does not take place. As a result, it is launching a new 100 per cent digital, self-service dispute offering.

The new feature will only account for the misuse of Pix by bad actors – human error – like typing in a wrong key and sending money to the wrong person, won’t be considered eligible for the new offering. Similarly, deals with third parties or commercial disagreements will also not be included. Regardless, users can check the status and progress of refund requests made.

The measure was taken to speed up the refund request process, increasing the chance that funds transferred through fraud will be blocked in the fraudster’s account and returned to the victim.

However, banks must register their interest in the offering before 1 October 2025.

Diferenciação entre os comprovantes de transações concluídas e de transações agendadas

To make it clear which transactions have gone through and which are still in progress when scheduling a payment, banks must now add a check icon and a calendar clock icon, respectively.

Currently, a very common scam is for a payer to show a fake receipt to a seller. Because sellers are often busy and only have time to give the “Pix receipt” a once-over without taking a closer look to notice the payment is only scheduled, and not fully complete, they accept the transfer as completed. After the seller confirms the payment, it is very easy for the payer to cancel the scheduling and the seller is left without receiving funds.

As a result, the new feature will make it clear and obvious when a payment is scheduled or completed.