Brazil's Pix Automático: Easier Payments for All

Brazil's Central Bank is launching Pix Automático, a new system designed to simplify online payments. This innovative tool will enable automatic debit payments for various services and purchases, eliminating the need for credit cards for many transactions. According to SBT News, "Pix Automático will allow consumers who don't have credit cards to make certain purchases and acquisitions that they can't currently manage." The system is expected to launch within the next few days, offering a more accessible and convenient payment method for a wide range of Brazilians. This move is a significant step towards greater financial inclusion in the country.