Article title next to a photo of a QR Code and a cell phone capturing the QR Code, symbolizing a digital payment method, such as PIX
Reflections on financial regulation in Brazil
Pix has established itself as a revolution in Brazil's payment system. Since its launch in 2020, the instant payment method created by the Central Bank has transformed the way people and companies carry out financial transactions, combining speed, convenience, and zero cost for users. However, this popularity has also brought challenges, such as senegal mobile database the need for regulations to protect consumers and prevent abusive practices. It was in this context that, in January 2025, the federal government issued the Pix Provisional Measure , an important regulatory milestone for Pix and other modern payment systems.
A journey through the evolution of payment methods
Before understanding the impacts of the Pix Provisional Measure, it is essential to look back and understand how payment methods have evolved in Brazil. The gradual replacement of cash with credit and debit cards in the 1990s was an early milestone in this transformation. With the introduction of POS (Point of Sale) terminals and increased security in electronic transactions, cards quickly became indispensable.
In the early 2000s, the rise of e-commerce brought a new demand: digital payments . Companies like PagSeguro and PayPal led this transition, offering solutions that combined convenience and security for online consumers. These advances paved the way for the launch of Pix, a solution that eliminated barriers by offering free and instant transfers, at any time of the day, every day of the year.
This evolution of payment methods was accompanied by new regulatory challenges. With the popularization of Pix, cases of abusive charges by merchants arose, in addition to concerns related to the privacy and security of user data. It was in this context that MP 1.288/2025 became a key piece to guarantee consumer protection and preserve the free nature of Pix.
Woman holding a smartphone in one hand and a credit card in the other
Regulation plays an important role in the development of new payment methods. Credits: Freepik
The main points of the Pix MP
Provisional Measure 1,288/2025 introduced a set of rules to ensure the transparency and free nature of Pix. Among its main points, it prohibits additional charges for payments made via Pix in cash. This measure was designed to make Pix equivalent to cash payments, eliminating differences that were detrimental to consumers.