Brazil's Pix Automático: A New Era of Recurring Payments Begins

Brazil's Central Bank is set to launch Pix Automático, a new feature of its instant payment system, on June 16th, 2025. This initiative aims to streamline recurring payments for various services, including school fees, subscriptions, and utility bills. According to the video, one of the key advantages is the elimination of the bureaucracy associated with traditional debit systems. "The objective is to expand the use of Pix, offering an alternative to the traditional automatic debit, with greater reach and less bureaucracy," explains the news presenter in the video. This system also allows users to cancel scheduled payments until 23:59 the day before the payment date, offering greater control and flexibility. The launch is expected to improve efficiency and reduce payment delays for both businesses and consumers.