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The Nexus
BUSINESSJun 26 · 18:19 UTCTHE RIO TIMESIolanda Fonseca

Brazil Is Building a Pix for Business Credit. Here’s the Catch

Brazil is launching a public system called 'duplicata escritural' that allows companies to borrow against unpaid invoices, similar to the Pix payment system. The central bank will activate it on June 30 in Brasilia.

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