Amendment to the PIX Membership Rules and Obligation of QR Code Validation for PIX Collection

The Central Bank has just released BCB Normative Instruction No. 73 of 3/2/2021, which amends BCB Normative Instruction No. 49, which establishes the necessary procedures for Pix membership.

The adhesion process now consists of four stages: I - registration, II - mandatory homologation; III - homologation for optional products and services; and IV - restricted operation.

In addition, institutions must comply with the validation of QR Codes relating to the provision of mandatory services associated with Pix Collection.

The QR Codes validation tool will be available:

      I - for the process of reading QR Codes from 15.02.2021; and

      II - for the Codes QR generation process, from 28.02.2021.

Pix participants who already offer Pix Collection must have QR Codes validation steps completed by March 14, 2021.

Check the full text of the regulations here.

For more information, the payment team is available.