Brazil and Europe Start Evaluation to Connect Pix and Tips
25 Articles
25 Articles
The European Central Bank (ECB) and the Brazilian Central Bank (CB) announced today that they have launched a phase of assessing the feasibility of interconnection between their instant payment systems.
According to Brazilian monetary authority, the interconnection of Pix with the European system "may contribute to faster, more efficient and cheaper cross-border payments" between the two jurisdictions.
BC and ECB assess technical, operational, legal and business aspects to connect the instant payment systems of the two regions
The European Central Bank (ECB) and the Central Bank of Brazil (BCB) announced on Thursday (24) the beginning of the tests for interconnection of their instant payment systems, the TIPS and the PIX. In view of the significant economic flows between the euro area and Brazil, the interconnection of the two payment systems [...] Source: Central Bank of Brazil and Europe test PIX integration See more news on Bitcoin. Follow Livecoins on Facebook, Tw…
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