Reminder!
From next year onwards, the volume required to apply for authorisation to operate as an Electronic Money Issuing Payment Institution will decrease!
The EME IPs which, between January 1, 2022 and December 31, 2022, reach a financial turnover higher than R$300,000,000.00 in payment transactions or R$30,000,000.00, on average, in funds held in a prepaid payment account, in the last 12 months, must submit an Application for Authorization to Operate to the Central Bank of Brazil within 90 days of the date on which this figure is reached.
Also be aware of how the volumetry is calculated. Bacen understands that the volumetric calculation must consider the transactions ofcash in andcash out of payment accounts, except for transactions between digital accounts in the same institution, in which only one transaction will be counted for volumetric calculation purposes.
For further information the Payment team is at your disposal!
