Dossier
R$500 limit
Coverage of R$500 limit in the Nexus archive.
- Brazil Lifts the Cap on Tap-to-Pay Pix, Squeezing Card Networks
Brazil's central bank has removed the R$500 limit on tap-to-pay Pix, enhancing its competition with contactless bank cards. The change positions Pix as a stronger rival in the payment systems market.