Brazil's Central Bank Rolls Out Hybrid Charging Rules for Pix, Kills Duplicate Payments

Brazil's Central Bank (BCB) has issued specific rules for hybrid charging in the Pix system, aiming to stop duplicate payments and boost user security when settling bills.

The move is part of a broader operational update package that already featured hybrid charging in invoices from various companies; by standardizing the process, the BCB ensures each transaction is processed only once, cutting fraud and strengthening confidence in the instant payments network.